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PENTAIR plc – ‘10-K’ for 12/31/15 – ‘EX-101.LAB’

On:  Friday, 2/26/16, at 8:31am ET   ·   For:  12/31/15   ·   Accession #:  77360-16-58   ·   File #:  1-11625

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/26/16  PENTAIR plc                       10-K       12/31/15  132:21M

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.46M 
 3: EX-10.16    Keesa Agreement                                     HTML    149K 
 2: EX-10.8     Form of Performance Share Units Grant Agreement     HTML     86K 
 4: EX-21       List of Pentair Plc Subsidiaries                    HTML    128K 
 5: EX-23       Consent of Independent Registered Public            HTML     38K 
                Accounting Firm                                                  
 6: EX-24       Power of Attorney                                   HTML     46K 
 7: EX-31.1     Certification of Chief Executive Officer            HTML     45K 
 8: EX-31.2     Certification of Chief Financial Officer            HTML     45K 
 9: EX-32.1     Certification of Chief Executive Officer, Pursuant  HTML     40K 
                to Section 906                                                   
10: EX-32.2     Certification of Chief Financial Officer, Pursuant  HTML     40K 
                to Section 906                                                   
17: R1          Document and Entity Information                     HTML     67K 
18: R2          Consolidated Statements Of Operations And           HTML    151K 
                Comprehensive Income (Loss)                                      
19: R3          Consolidated Statements Of Operations And           HTML     42K 
                Comprehensive Income (Loss) (Parenthetical)                      
20: R4          Consolidated Balance Sheets                         HTML    134K 
21: R5          Consolidated Balance Sheets (Parenthetical)         HTML     48K 
22: R6          Consolidated Statements Of Cash Flows               HTML    168K 
23: R7          Consolidated Statements Of Changes In Equity        HTML    122K 
24: R8          Basis of Presentation and Summary of Significant    HTML     98K 
                Accounting Policies                                              
25: R9          Acquisitions and Divestitures                       HTML     70K 
26: R10         Discontinued Operations and Divestitures            HTML     93K 
                Discontinues Operations and Divestitures                         
27: R11         Earnings (Loss) Per Share                           HTML     69K 
28: R12         Restructuring                                       HTML     72K 
29: R13         Goodwill and Other Identifiable Intangible Assets   HTML    111K 
30: R14         Supplemental Balance Sheet Information              HTML     81K 
31: R15         Supplemental Cash Flow Information                  HTML     45K 
32: R16         Accumulated Other Comprehensive Income (Loss)       HTML     44K 
33: R17         Debt                                                HTML     99K 
34: R18         Derivatives and Financial Instruments               HTML    108K 
35: R19         Income Taxes                                        HTML    148K 
36: R20         Benefit Plans                                       HTML    348K 
37: R21         Shareholders' Equity                                HTML     51K 
38: R22         Share Plans                                         HTML     98K 
39: R23         Segment Information                                 HTML    152K 
40: R24         Commitments and Contingencies                       HTML     90K 
41: R25         Selected Quarterly Data                             HTML    130K 
42: R26         Financial Statements of Parent Company Guarantor    HTML    673K 
43: R27         Schedule II - Valuation and Qualifying Accounts     HTML     53K 
44: R28         Basis of Presentation and Summary of Significant    HTML    173K 
                Accounting Policies (Policies)                                   
45: R29         Basis of Presentation and Summary of Significant    HTML     41K 
                Accounting Policies (Tables)                                     
46: R30         Acquisitions and Divestitures (Tables)              HTML     62K 
47: R31         Discontinued Operations and Divestitures            HTML     89K 
                Discontinued Operations and Divestitures (Tables)                
48: R32         Earnings (Loss) Per Share (Tables)                  HTML     68K 
49: R33         Restructuring (Tables)                              HTML     72K 
50: R34         Goodwill and Other Identifiable Intangible Assets   HTML    108K 
                (Tables)                                                         
51: R35         Supplemental Balance Sheet Information (Tables)     HTML     81K 
52: R36         Supplemental Cash Flow Information (Tables)         HTML     43K 
53: R37         Accumulated Other Comprehensive Income (Loss)       HTML     44K 
                (Tables)                                                         
54: R38         Debt (Tables)                                       HTML     83K 
55: R39         Derivatives and Financial Instruments (Tables)      HTML     99K 
56: R40         Income Taxes (Tables)                               HTML    135K 
57: R41         Benefit Plans (Tables)                              HTML    349K 
58: R42         Share Plans (Tables)                                HTML     89K 
59: R43         Segment Information (Tables)                        HTML    147K 
60: R44         Commitments and Contingencies (Tables)              HTML     76K 
61: R45         Selected Quarterly Data (Tables)                    HTML    127K 
62: R46         Financial Statements of Parent Company Guarantor    HTML    671K 
                (Tables)                                                         
63: R47         Basis of Presentation and Summary of Significant    HTML    116K 
                Accounting Policies - Additional Information                     
                (Detail)                                                         
64: R48         Basis of Presentation and Summary of Significant    HTML     50K 
                Accounting Policies - Estimated Useful Lives of                  
                Property and Equipment (Detail)                                  
65: R49         Acquisitions - Additional Information (Detail)      HTML     79K 
66: R50         Acquisitions - Pro Forma Consolidated FInancial     HTML     49K 
                Results of Operations (Detail)                                   
67: R51         Acquisitions - Estimated Fair Values of Assets      HTML     71K 
                Acquired and Liabilities Assumed (Details)                       
68: R52         Discontinued Operations and Divestitures            HTML    135K 
                Components of Discontinued Operations (Details)                  
69: R53         Discontinued Operations and Divestitures            HTML     72K 
                Additional Information (Details)                                 
70: R54         Earnings (Loss) Per Share - Additional Information  HTML     98K 
                (Detail)                                                         
71: R55         Restructuring - Additional Information (Detail)     HTML     54K 
72: R56         Restructuring - Costs Included in Selling, General  HTML     46K 
                & Administrative expenses on Consolidated                        
                Statements of Income (Detail)                                    
73: R57         Restructuring - Accrual Activity recorded on        HTML     46K 
                Condensed Consolidated Balance Sheets (Detail)                   
74: R58         Restructuring - Restructuring Costs by Segment      HTML     53K 
                (Details)                                                        
75: R59         Goodwill and Other Identifiable Intangible Assets   HTML     55K 
                - Additional Information (Detail)                                
76: R60         Goodwill and Other Identifiable Intangible Assets   HTML     63K 
                - Changes in Carrying Amount of Goodwill by                      
                Segment (Detail)                                                 
77: R61         Goodwill and Other Identifiable Intangible Assets   HTML     60K 
                - Identifiable Intangible Assets (Detail)                        
78: R62         Goodwill and Other Identifiable Intangible Assets   HTML     50K 
                - Estimated Future Amortization Expense for                      
                Identifiable Intangible Assets (Detail)                          
79: R63         Supplemental Balance Sheet Information (Detail)     HTML    125K 
80: R64         Supplemental Cash Flow Information (Detail)         HTML     43K 
81: R65         Accumulated Other Comprehensive Income (Loss) -     HTML     50K 
                Components of AOCI (Detail)                                      
82: R66         Debt - Additional Information (Detail)              HTML    140K 
83: R67         Debt - Debt Outstanding and Average Interest Rates  HTML     81K 
                (Detail)                                                         
84: R68         Debt - Debt Outstanding Amounts Maturing (Detail)   HTML     65K 
85: R69         Derivatives and Financial Instruments - Additional  HTML     68K 
                Information (Detail)                                             
86: R70         Derivatives and Financial Instruments - Recorded    HTML     49K 
                Amounts and Estimated Fair Values of Long-term                   
                Debt and Derivative Financial Instruments (Detail)               
87: R71         Derivatives and Financial Instruments - Assets and  HTML     95K 
                Liabilities Measured at Fair Value (Detail)                      
88: R72         Income Taxes - Income (Loss) Before Income Taxes    HTML     47K 
                and Noncontrolling Interest (Detail)                             
89: R73         Income Taxes - Provision for Income Taxes (Detail)  HTML     64K 
90: R74         Income Taxes - Reconciliation of Federal Statutory  HTML     62K 
                Income Tax Rate to Effective Tax Rate (Detail)                   
91: R75         Income Taxes - Reconciliation of Federal Statutory  HTML     46K 
                Income Tax Rate to Effective Tax Rate Additional                 
                Information (Detail)                                             
92: R76         Income Taxes - Reconciliations of Gross             HTML     57K 
                Unrecognized Tax Benefits (Detail)                               
93: R77         Income Taxes - Deferred Taxes (Detail)              HTML     50K 
94: R78         Income Taxes - Deferred Tax Assets and Liabilities  HTML     72K 
                (Detail)                                                         
95: R79         Income Taxes - Additional Information (Detail)      HTML    136K 
96: R80         Benefit Plans - Additional Information (Detail)     HTML    127K 
97: R81         Benefit Plans - Reconciliations of Benefit          HTML     92K 
                Obligations, Fair Value of Plan Assets and Funded                
                Status of Pension Plans and Other Post-Retirement                
                Plans (Detail)                                                   
98: R82         Benefit Plans - Amounts Recorded in Consolidated    HTML     60K 
                Balance Sheets (Detail)                                          
99: R83         Benefit Plans - Pension Plans with Accumulated      HTML     60K 
                Benefit Obligation or Projected Benefit Obligation               
                in Excess of Plan Assets (Detail)                                
100: R84         Benefit Plans - Components of Net Periodic Benefit  HTML     65K  
                Cost (Detail)                                                    
101: R85         Benefit Plans - Weighted-Average Assumptions Used   HTML     51K  
                to Determine Domestic Benefit Obligations (Detail)               
102: R86         Benefit Plans - Weighted-Average Assumptions Used   HTML     56K  
                (Detail)                                                         
103: R87         Benefit Plans - Assumed Health Care Cost Trend      HTML     45K  
                Rates (Detail)                                                   
104: R88         Benefit Plans - Effect of One-Percentage-Point      HTML     47K  
                Change in Assumed Healthcare Cost Trend Rates                    
                (Detail)                                                         
105: R89         Benefit Plans - Actual Overall Asset Allocation     HTML     62K  
                for U.S. And Non-U.S. Plans as Compared to                       
                Investment Policy Goals (Detail)                                 
106: R90         Benefit Plans - Plan Assets Using Fair Value        HTML     99K  
                Methodologies (Detail)                                           
107: R91         Benefit Plans - Reconciliation of Level 3 Assets    HTML     49K  
                (Detail)                                                         
108: R92         Benefit Plans - Expected Future Services to Be      HTML     60K  
                Paid by Plans (Detail)                                           
109: R93         Shareholder's Equity - Additional Information       HTML     92K  
                (Detail)                                                         
110: R94         Share Plans - Additional Information (Detail)       HTML     93K  
111: R95         Share Plans - Stock Option Activity (Detail)        HTML     89K  
112: R96         Share Plans - Stock Option Fair Value Assumptions   HTML     49K  
                (Detail)                                                         
113: R97         Share Plans - Restricted Stock Units (Detail)       HTML     62K  
114: R98         Share Plans - Share-based compensation expense      HTML     46K  
                (Details)                                                        
115: R99         Segment Information - Financial Information By      HTML     86K  
                Reportable Segment (Detail)                                      
116: R100        Segment Information - Geographic Information        HTML     60K  
                (Detail)                                                         
117: R101        Segment Information - Additional Information        HTML     41K  
                (Detail)                                                         
118: R102        Segment Information Reconciliation of Operating     HTML     69K  
                Profit (Loss) from Segments to Consolidated                      
                (Details)                                                        
119: R103        Commitments and Contingencies - Additional          HTML     47K  
                Information (Detail)                                             
120: R104        Commitments and Contingencies - Net Rental Expense  HTML     44K  
                Under Operating Leases (Detail)                                  
121: R105        Commitments and Contingencies - Future Minimum      HTML     64K  
                Lease Commitments Under Non-Cancelable Operating                 
                Leases (Detail)                                                  
122: R106        Commitments and Contingencies - Warranty Reserve    HTML     48K  
                Rollforward (Detail)                                             
123: R107        Selected Quarterly Data - Quarterly Financial       HTML    100K  
                Information (Detail)                                             
124: R108        Selected Quarterly Data - Additional Information    HTML     61K  
                (Detail)                                                         
125: R109        Financial Statements of Parent Company Guarantor -  HTML     41K  
                Additional Information (Detail)                                  
126: R110        Financial Statements of Parent Company Guarantor -  HTML    251K  
                Condensed Consolidating Statement of Operations                  
                and Comprehensive Income (Loss) (Detail)                         
127: R111        Financial Statements of Parent Company Guarantor -  HTML    202K  
                Condensed Consolidating Balance Sheet (Detail)                   
128: R112        Financial Statements of Parent Company Guarantor -  HTML    276K  
                Condensed Consolidating Statement of Cash Flows                  
                (Detail)                                                         
129: R113        Schedule II - Valuation and Qualifying Accounts -   HTML     51K  
                Disclosure Table (Detail)                                        
131: XML         IDEA XML File -- Filing Summary                      XML    245K  
130: EXCEL       IDEA Workbook of Financial Reports                  XLSX    186K  
11: EX-101.INS  XBRL Instance -- pnr-20151231                        XML   7.09M 
13: EX-101.CAL  XBRL Calculations -- pnr-20151231_cal                XML    368K 
14: EX-101.DEF  XBRL Definitions -- pnr-20151231_def                 XML   2.25M 
15: EX-101.LAB  XBRL Labels -- pnr-20151231_lab                      XML   3.33M 
16: EX-101.PRE  XBRL Presentations -- pnr-20151231_pre               XML   2.44M 
12: EX-101.SCH  XBRL Schema -- pnr-20151231                          XSD    363K 
132: ZIP         XBRL Zipped Folder -- 0000077360-16-000058-xbrl      Zip    576K

‘EX-101.LAB’   —   XBRL Labels — pnr-20151231_lab

This Exhibit is an XBRL XML File.

                                                                                                                                                                                
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<link:label id="lab_us-gaap_BusinessAcquisitionAxis_B860F369BB8F5C21C5671A12EB5E2E33_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_B860F369BB8F5C21C5671A12EB5E2E33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionAxis_B860F369BB8F5C21C5671A12EB5E2E33_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAxis_B860F369BB8F5C21C5671A12EB5E2E33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Axis] </link:label>
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<link:label id="lab_us-gaap_BusinessAcquisitionAcquireeDomain_15958A9C0D4632D6BD3C1A12EB5ED18C_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionAcquireeDomain_15958A9C0D4632D6BD3C1A12EB5ED18C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition, Acquiree [Domain] </link:label>
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<link:label id="lab_us-gaap_EffectOfFourthQuarterEventsLineItems_E9266AF830633C57E2481A12EB5F17B7_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfFourthQuarterEventsLineItems_E9266AF830633C57E2481A12EB5F17B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effect of Fourth Quarter Events [Line Items] </link:label>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_51C24384958E684A3FC61A12EB5FA584_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetImpairment_51C24384958E684A3FC61A12EB5FA584" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill, Impairment Loss </link:label>
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<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_8BBC9DBD7537252DB8D5EFD3B185A3F7_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_8BBC9DBD7537252DB8D5EFD3B185A3F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfGoodwillTable_8BBC9DBD7537252DB8D5EFD3B185A3F7_label_en-US" xlink:label="lab_us-gaap_ScheduleOfGoodwillTable_8BBC9DBD7537252DB8D5EFD3B185A3F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Goodwill [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfGoodwillTable" xlink:label="loc_us-gaap_ScheduleOfGoodwillTable_8BBC9DBD7537252DB8D5EFD3B185A3F7" xlink:type="locator"/>
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<link:label id="lab_pnr_ValvesAndControlsMember_32C62E1E375E263699D2EFD3B1850066_verboseLabel_en-US" xlink:label="lab_pnr_ValvesAndControlsMember_32C62E1E375E263699D2EFD3B1850066" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Valves And Controls [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ValvesAndControlsMember" xlink:label="loc_pnr_ValvesAndControlsMember_32C62E1E375E263699D2EFD3B1850066" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ValvesAndControlsMember_32C62E1E375E263699D2EFD3B1850066" xlink:to="lab_pnr_ValvesAndControlsMember_32C62E1E375E263699D2EFD3B1850066" xlink:type="arc"/>
<link:label id="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285_terseLabel_en-US" xlink:label="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Flow & Filtration Solutions [Member] </link:label>
<link:label id="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285_label_en-US" xlink:label="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Flow & Filtration Solutions [Member] </link:label>
<link:label id="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285_documentation_en-US" xlink:label="lab_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Flow & Filtration Solutions [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FlowFiltrationSolutionsMember" xlink:label="loc_pnr_FlowFiltrationSolutionsMember_17A04939BF7267E34DEEEFD3B1859285" xlink:type="locator"/>
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<link:label id="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21_terseLabel_en-US" xlink:label="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Water Quality Systems [Member] </link:label>
<link:label id="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21_label_en-US" xlink:label="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Water Quality Systems [Member] </link:label>
<link:label id="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21_documentation_en-US" xlink:label="lab_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Water Quality Systems [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_WaterQualitySystemsMember" xlink:label="loc_pnr_WaterQualitySystemsMember_060650CB4527EBBA9C51EFD3B185AF21" xlink:type="locator"/>
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<link:label id="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF_verboseLabel_en-US" xlink:label="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Technical Solutions </link:label>
<link:label id="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF_label_en-US" xlink:label="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Technical Solutions [Member] </link:label>
<link:label id="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF_documentation_en-US" xlink:label="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Technical Solutions [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TechnicalSolutionsMember" xlink:label="loc_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:to="lab_pnr_TechnicalSolutionsMember_8EDC3DDB188479C00565EFD3B18512FF" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillLineItems_D154631B1D5CFE993136EFD3B18526B0_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_D154631B1D5CFE993136EFD3B18526B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>
<link:label id="lab_us-gaap_GoodwillLineItems_D154631B1D5CFE993136EFD3B18526B0_label_en-US" xlink:label="lab_us-gaap_GoodwillLineItems_D154631B1D5CFE993136EFD3B18526B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillLineItems" xlink:label="loc_us-gaap_GoodwillLineItems_D154631B1D5CFE993136EFD3B18526B0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>
<link:label id="lab_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB_label_en-US" xlink:label="lab_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillRollForward" xlink:label="loc_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB" xlink:to="lab_us-gaap_GoodwillRollForward_8B20B442EE03529FFFCCEFD3B1851EBB" xlink:type="arc"/>
<link:label id="lab_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856_periodStartLabel_en-US" xlink:label="lab_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance </link:label>
<link:label id="lab_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856_label_en-US" xlink:label="lab_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856" xlink:to="lab_us-gaap_Goodwill_C8B4080B376F7CBB870AEFD3B1855856" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions/ divestitures </link:label>
<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3_label_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Acquired During Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3" xlink:to="lab_us-gaap_GoodwillAcquiredDuringPeriod_76ED04E77D76E726F8C0EFD3B185D4D3" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillImpairmentLoss_E97C7C6FD27B040B36E6EFD3B1854B40_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_E97C7C6FD27B040B36E6EFD3B1854B40" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill, Impairment Loss </link:label>
<link:label id="lab_us-gaap_GoodwillImpairmentLoss_E97C7C6FD27B040B36E6EFD3B1854B40_label_en-US" xlink:label="lab_us-gaap_GoodwillImpairmentLoss_E97C7C6FD27B040B36E6EFD3B1854B40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Impairment Loss </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillImpairmentLoss" xlink:label="loc_us-gaap_GoodwillImpairmentLoss_E97C7C6FD27B040B36E6EFD3B1854B40" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillOtherChanges_3DCD752B2AD96CC9AAD8EFD3B185B637_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillOtherChanges_3DCD752B2AD96CC9AAD8EFD3B185B637" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency translation/other </link:label>
<link:label id="lab_us-gaap_GoodwillOtherChanges_3DCD752B2AD96CC9AAD8EFD3B185B637_label_en-US" xlink:label="lab_us-gaap_GoodwillOtherChanges_3DCD752B2AD96CC9AAD8EFD3B185B637" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Other Changes </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillOtherChanges" xlink:label="loc_us-gaap_GoodwillOtherChanges_3DCD752B2AD96CC9AAD8EFD3B185B637" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Goodwill_0C7579B615D415FC5F7CEFD3B1855139_periodEndLabel_en-US" xlink:label="lab_us-gaap_Goodwill_0C7579B615D415FC5F7CEFD3B1855139" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_0C7579B615D415FC5F7CEFD3B1855139" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialStatementsTextBlock_D17F90C8065D2BAFC5F63537CB7B31E8_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsTextBlock_D17F90C8065D2BAFC5F63537CB7B31E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financial Statements of Parent Company Guarantor </link:label>
<link:label id="lab_us-gaap_CondensedFinancialStatementsTextBlock_D17F90C8065D2BAFC5F63537CB7B31E8_label_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsTextBlock_D17F90C8065D2BAFC5F63537CB7B31E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CondensedFinancialStatementsTextBlock" xlink:label="loc_us-gaap_CondensedFinancialStatementsTextBlock_D17F90C8065D2BAFC5F63537CB7B31E8" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureAssetsAndLiabilitiesMeasuredAtFairValueAbstract_81A85A4CC022A88A518AEB70C618102A_label_en-US" xlink:label="lab_pnr_DisclosureAssetsAndLiabilitiesMeasuredAtFairValueAbstract_81A85A4CC022A88A518AEB70C618102A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Assets And Liabilities Measured At Fair Value [Abstract] </link:label>
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<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_87036BD71A3FCAE224E4EB70C6183D4B_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_87036BD71A3FCAE224E4EB70C6183D4B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Measurements, Recurring and Nonrecurring [Table] </link:label>
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<link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7E6AF2A7C3AF3339A494EB70C6183EE2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_7E6AF2A7C3AF3339A494EB70C6183EE2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Hierarchy [Axis] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis_7E6AF2A7C3AF3339A494EB70C6183EE2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_B13F5841374986DBADE7EB70C61846BA_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_B13F5841374986DBADE7EB70C61846BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Fair Value Hierarchy [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_B13F5841374986DBADE7EB70C61846BA_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_B13F5841374986DBADE7EB70C61846BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Hierarchy [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaap_FairValueMeasurementsFairValueHierarchyDomain_B13F5841374986DBADE7EB70C61846BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel1Member_9BE77E658490F168C690EB70C6189668_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_9BE77E658490F168C690EB70C6189668" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 1 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel1Member_9BE77E658490F168C690EB70C6189668_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member_9BE77E658490F168C690EB70C6189668" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 1 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaap_FairValueInputsLevel1Member_9BE77E658490F168C690EB70C6189668" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel2Member_A2BAD646017C221D5D53EB70C618E160_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_A2BAD646017C221D5D53EB70C618E160" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 2 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel2Member_A2BAD646017C221D5D53EB70C618E160_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member_A2BAD646017C221D5D53EB70C618E160" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 2 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaap_FairValueInputsLevel2Member_A2BAD646017C221D5D53EB70C618E160" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueInputsLevel3Member_1228D2726E8B7E0AD90AEB70C618D869_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_1228D2726E8B7E0AD90AEB70C618D869" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 </link:label>
<link:label id="lab_us-gaap_FairValueInputsLevel3Member_1228D2726E8B7E0AD90AEB70C618D869_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member_1228D2726E8B7E0AD90AEB70C618D869" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Inputs, Level 3 [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaap_FairValueInputsLevel3Member_1228D2726E8B7E0AD90AEB70C618D869" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_98B3BA7EAD3EC9975515EB70C6186123_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_98B3BA7EAD3EC9975515EB70C6186123" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByMeasurementFrequencyAxis_98B3BA7EAD3EC9975515EB70C6186123_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementFrequencyAxis_98B3BA7EAD3EC9975515EB70C6186123" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Frequency [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByMeasurementFrequencyAxis" xlink:label="loc_us-gaap_FairValueByMeasurementFrequencyAxis_98B3BA7EAD3EC9975515EB70C6186123" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_23FF0D55F0CDA3880E34EB70C6185F0C_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_23FF0D55F0CDA3880E34EB70C6185F0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementFrequencyDomain_23FF0D55F0CDA3880E34EB70C6185F0C_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementFrequencyDomain_23FF0D55F0CDA3880E34EB70C6185F0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurement Frequency [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementFrequencyDomain" xlink:label="loc_us-gaap_FairValueMeasurementFrequencyDomain_23FF0D55F0CDA3880E34EB70C6185F0C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_D7C065DF01DAB8DEA255EB70C6181546_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_D7C065DF01DAB8DEA255EB70C6181546" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsRecurringMember_D7C065DF01DAB8DEA255EB70C6181546_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsRecurringMember_D7C065DF01DAB8DEA255EB70C6181546" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Recurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsRecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsRecurringMember_D7C065DF01DAB8DEA255EB70C6181546" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_FFC30A2E90E5F2E50143EB70C6184C71_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_FFC30A2E90E5F2E50143EB70C6184C71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Nonrecurring </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementsNonrecurringMember_FFC30A2E90E5F2E50143EB70C6184C71_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementsNonrecurringMember_FFC30A2E90E5F2E50143EB70C6184C71" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Measurements, Nonrecurring [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueMeasurementsNonrecurringMember" xlink:label="loc_us-gaap_FairValueMeasurementsNonrecurringMember_FFC30A2E90E5F2E50143EB70C6184C71" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_1C4D151020BD254B3EB9EB70C618F1B1_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_1C4D151020BD254B3EB9EB70C618F1B1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:label id="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_1C4D151020BD254B3EB9EB70C618F1B1_label_en-US" xlink:label="lab_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_1C4D151020BD254B3EB9EB70C618F1B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:label="loc_us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_1C4D151020BD254B3EB9EB70C618F1B1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_06C30FD354DA9301E459EB70C6189B63_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_06C30FD354DA9301E459EB70C6189B63" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax_06C30FD354DA9301E459EB70C6189B63" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_6117EFD9880F0CFCDBC5EB70C618FA9B_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_6117EFD9880F0CFCDBC5EB70C618FA9B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency contract assets </link:label>
<link:label id="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_6117EFD9880F0CFCDBC5EB70C618FA9B_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_6117EFD9880F0CFCDBC5EB70C618FA9B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Contract, Asset, Fair Value Disclosure </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ForeignCurrencyContractAssetFairValueDisclosure" xlink:label="loc_us-gaap_ForeignCurrencyContractAssetFairValueDisclosure_6117EFD9880F0CFCDBC5EB70C618FA9B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_C04AFF4FFA32A9379056EB70C6187B86_negatedLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyContractsLiabilityFairValueDisclosure_C04AFF4FFA32A9379056EB70C6187B86" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Foreign currency contract liabilities </link:label>
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<link:label id="lab_pnr_DeferredCompensationPlanAssetsFairValueDisclosure_5991DDA0A6F93F4BF11EEB70C618237C_terseLabel_en-US" xlink:label="lab_pnr_DeferredCompensationPlanAssetsFairValueDisclosure_5991DDA0A6F93F4BF11EEB70C618237C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred compensation plan assets </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_DeferredCompensationPlanAssetsFairValueDisclosure" xlink:label="loc_pnr_DeferredCompensationPlanAssetsFairValueDisclosure_5991DDA0A6F93F4BF11EEB70C618237C" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C_label_en-US" xlink:label="lab_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Income Taxes Additional Information [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C_documentation_en-US" xlink:label="lab_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Income Taxes Additional Information [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureIncomeTaxesAdditionalInformationAbstract" xlink:label="loc_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C" xlink:to="lab_pnr_DisclosureIncomeTaxesAdditionalInformationAbstract_721CBCA37BBFBF81783EEFDBA5B8850C" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F_terseLabel_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Geographical [Axis] </link:label>
<link:label id="lab_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F_label_en-US" xlink:label="lab_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Geographical [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementGeographicalAxis" xlink:label="loc_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F" xlink:to="lab_us-gaap_StatementGeographicalAxis_D999D292B6026B0E46DEEFDBA5B8D08F" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment, Geographical [Domain] </link:label>
<link:label id="lab_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442_label_en-US" xlink:label="lab_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Geographical [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentGeographicalDomain" xlink:label="loc_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442" xlink:to="lab_us-gaap_SegmentGeographicalDomain_206F891E56D3D667C9CBEFDBA5B82442" xlink:type="arc"/>
<link:label id="lab_country_GB_8032B4321B9603C582A4EFFCBC3A01A1_terseLabel_en-US" xlink:label="lab_country_GB_8032B4321B9603C582A4EFFCBC3A01A1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> UNITED KINGDOM </link:label>
<link:label id="lab_country_GB_8032B4321B9603C582A4EFFCBC3A01A1_label_en-US" xlink:label="lab_country_GB_8032B4321B9603C582A4EFFCBC3A01A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> UNITED KINGDOM </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_GB" xlink:label="loc_country_GB_8032B4321B9603C582A4EFFCBC3A01A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_GB_8032B4321B9603C582A4EFFCBC3A01A1" xlink:to="lab_country_GB_8032B4321B9603C582A4EFFCBC3A01A1" xlink:type="arc"/>
<link:label id="lab_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414_terseLabel_en-US" xlink:label="lab_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> SWITZERLAND </link:label>
<link:label id="lab_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414_label_en-US" xlink:label="lab_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> SWITZERLAND </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_CH" xlink:label="loc_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414" xlink:to="lab_country_CH_18215B84A12CE4C8EBBDEFFDAF00F414" xlink:type="arc"/>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175_terseLabel_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Liability Not Recognized, Deferred [Axis] </link:label>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175_label_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Liability Not Recognized, Deferred [Axis] </link:label>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175_documentation_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Liability Not Recognized, Deferred [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxLiabilityNotRecognizedDeferredAxis" xlink:label="loc_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:to="lab_pnr_TaxLiabilityNotRecognizedDeferredAxis_0F36B72CA29AA5DF1575EFDBA5B8F175" xlink:type="arc"/>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8_terseLabel_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Liability Not Recognized, Deferred [Domain] </link:label>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8_label_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Liability Not Recognized, Deferred [Domain] </link:label>
<link:label id="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8_documentation_en-US" xlink:label="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> [Domain] for Tax Liability Not Recognized, Deferred [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxLiabilityNotRecognizedDeferredDomain" xlink:label="loc_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:to="lab_pnr_TaxLiabilityNotRecognizedDeferredDomain_7881127AB4BF7D1616BEEFDBA5B880F8" xlink:type="arc"/>
<link:label id="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70_terseLabel_en-US" xlink:label="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Group One [Member] </link:label>
<link:label id="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70_label_en-US" xlink:label="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Group One [Member] </link:label>
<link:label id="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70_documentation_en-US" xlink:label="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Group One [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_GroupOneMember" xlink:label="loc_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:to="lab_pnr_GroupOneMember_1FFB2573131B62009547EFDBA5B80A70" xlink:type="arc"/>
<link:label id="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873_terseLabel_en-US" xlink:label="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Group Two [Member] </link:label>
<link:label id="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873_label_en-US" xlink:label="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Group Two [Member] </link:label>
<link:label id="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873_documentation_en-US" xlink:label="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Group Two [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_GroupTwoMember" xlink:label="loc_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:to="lab_pnr_GroupTwoMember_92B1F549D13B84C9C27CEFDBA5B88873" xlink:type="arc"/>
<link:label id="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35_terseLabel_en-US" xlink:label="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period [Axis] </link:label>
<link:label id="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35_label_en-US" xlink:label="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period [Axis] </link:label>
<link:label id="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35_documentation_en-US" xlink:label="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PeriodAxis" xlink:label="loc_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:to="lab_pnr_PeriodAxis_58B42BA94E690444E419EFDBA5B8CA35" xlink:type="arc"/>
<link:label id="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1_terseLabel_en-US" xlink:label="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period [Domain] </link:label>
<link:label id="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1_label_en-US" xlink:label="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period [Domain] </link:label>
<link:label id="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1_documentation_en-US" xlink:label="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> [Domain] for Period [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PeriodDomain" xlink:label="loc_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:to="lab_pnr_PeriodDomain_A2EC63445691330FC4DCEFDBA5C2EEB1" xlink:type="arc"/>
<link:label id="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD_terseLabel_en-US" xlink:label="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period One </link:label>
<link:label id="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD_label_en-US" xlink:label="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period One [Member] </link:label>
<link:label id="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD_documentation_en-US" xlink:label="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period One [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PeriodOneMember" xlink:label="loc_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:to="lab_pnr_PeriodOneMember_53DA4E8909AE87BE9304EFDBA5C2F7AD" xlink:type="arc"/>
<link:label id="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6_terseLabel_en-US" xlink:label="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Period Two </link:label>
<link:label id="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6_label_en-US" xlink:label="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Period Two [Member] </link:label>
<link:label id="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6_documentation_en-US" xlink:label="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Period Two [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PeriodTwoMember" xlink:label="loc_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:to="lab_pnr_PeriodTwoMember_556723F189085A5A2456EFDBA5C297D6" xlink:type="arc"/>
<link:label id="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0_terseLabel_en-US" xlink:label="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Component [Axis] </link:label>
<link:label id="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0_label_en-US" xlink:label="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Component [Axis] </link:label>
<link:label id="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0_documentation_en-US" xlink:label="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Component [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ComponentAxis" xlink:label="loc_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:to="lab_pnr_ComponentAxis_608FD8CDCA88BEC090AFEFDBA5C203D0" xlink:type="arc"/>
<link:label id="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E_terseLabel_en-US" xlink:label="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Component [Domain] </link:label>
<link:label id="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E_label_en-US" xlink:label="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Component [Domain] </link:label>
<link:label id="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E_documentation_en-US" xlink:label="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> [Domain] for Component [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ComponentDomain" xlink:label="loc_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:to="lab_pnr_ComponentDomain_160683198191B785FA48EFDBA5C24D8E" xlink:type="arc"/>
<link:label id="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050_terseLabel_en-US" xlink:label="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Liability </link:label>
<link:label id="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050_label_en-US" xlink:label="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Liability [Member] </link:label>
<link:label id="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050_documentation_en-US" xlink:label="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Liability [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxLiabilityMember" xlink:label="loc_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:to="lab_pnr_TaxLiabilityMember_A8E48E08461CAB2CF089EFDBA5C23050" xlink:type="arc"/>
<link:label id="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868_terseLabel_en-US" xlink:label="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Penalties </link:label>
<link:label id="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868_label_en-US" xlink:label="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Penalties [Member] </link:label>
<link:label id="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868_documentation_en-US" xlink:label="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Penalties [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxPenaltiesMember" xlink:label="loc_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:to="lab_pnr_TaxPenaltiesMember_C17295EC3F738DAC13D9EFDBA5C24868" xlink:type="arc"/>
<link:label id="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C_terseLabel_en-US" xlink:label="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> ADT </link:label>
<link:label id="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C_label_en-US" xlink:label="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adt Corporation [Member] </link:label>
<link:label id="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C_documentation_en-US" xlink:label="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adt Corporation [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_AdtCorporationMember" xlink:label="loc_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:to="lab_pnr_AdtCorporationMember_54D4D6A16BA1FD7149E0EFDBA5C2DA6C" xlink:type="arc"/>
<link:label id="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21_terseLabel_en-US" xlink:label="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Adt Corporation and Pentair </link:label>
<link:label id="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21_label_en-US" xlink:label="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adt Corporation And Pentair [Member] </link:label>
<link:label id="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21_documentation_en-US" xlink:label="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Adt Corporation And Pentair [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_AdtCorporationAndPentairMember" xlink:label="loc_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:to="lab_pnr_AdtCorporationAndPentairMember_76EA117C19CC8ADFE193EFDBA5C27A21" xlink:type="arc"/>
<link:label id="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA_terseLabel_en-US" xlink:label="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tyco </link:label>
<link:label id="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA_label_en-US" xlink:label="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tyco [Member] </link:label>
<link:label id="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA_documentation_en-US" xlink:label="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tyco [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TycoMember" xlink:label="loc_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:to="lab_pnr_TycoMember_2981A3506446F0756789EFDBA5C2BCCA" xlink:type="arc"/>
<link:label id="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698_terseLabel_en-US" xlink:label="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pentair [Member] </link:label>
<link:label id="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698_label_en-US" xlink:label="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pentair [Member] </link:label>
<link:label id="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698_documentation_en-US" xlink:label="lab_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pentair [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PentairMember" xlink:label="loc_pnr_PentairMember_987F6A93E98D7B0AAAADEFDBA5C26698" xlink:type="locator"/>
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<link:label id="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C_terseLabel_en-US" xlink:label="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pentair ADT Tyco </link:label>
<link:label id="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C_label_en-US" xlink:label="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pentair ADT Tyco [Member] </link:label>
<link:label id="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C_documentation_en-US" xlink:label="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pentair, ADT, and Tyco [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PentairADTTycoMember" xlink:label="loc_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:to="lab_pnr_PentairADTTycoMember_02E35E8C08820729F75BEFDBA5C2618C" xlink:type="arc"/>
<link:label id="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930_terseLabel_en-US" xlink:label="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Covidien </link:label>
<link:label id="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930_label_en-US" xlink:label="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Covidien [Member] </link:label>
<link:label id="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930_documentation_en-US" xlink:label="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Covidien [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_CovidienMember" xlink:label="loc_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:to="lab_pnr_CovidienMember_F612AF12D0211827318CEFDBA5C27930" xlink:type="arc"/>
<link:label id="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703_terseLabel_en-US" xlink:label="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> TE Connectivity </link:label>
<link:label id="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703_label_en-US" xlink:label="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> TE Connectivity [Member] </link:label>
<link:label id="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703_documentation_en-US" xlink:label="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> TE Connectivity [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TEConnectivityMember" xlink:label="loc_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:to="lab_pnr_TEConnectivityMember_A32DFDC757D4E057F175EFDBA5C28703" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_91E534B83FFCD4511715EFDBA5C2EA88_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_91E534B83FFCD4511715EFDBA5C2EA88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Axis] </link:label>
<link:label id="lab_us-gaap_IncomeTaxAuthorityAxis_91E534B83FFCD4511715EFDBA5C2EA88_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityAxis_91E534B83FFCD4511715EFDBA5C2EA88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxAuthorityAxis" xlink:label="loc_us-gaap_IncomeTaxAuthorityAxis_91E534B83FFCD4511715EFDBA5C2EA88" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_2E3D100170BF0D7D16C9EFDBA5C25E38_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_2E3D100170BF0D7D16C9EFDBA5C25E38" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Domain] </link:label>
<link:label id="lab_us-gaap_IncomeTaxAuthorityDomain_2E3D100170BF0D7D16C9EFDBA5C25E38_label_en-US" xlink:label="lab_us-gaap_IncomeTaxAuthorityDomain_2E3D100170BF0D7D16C9EFDBA5C25E38" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Authority [Domain] </link:label>
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<link:label id="lab_us-gaap_ForeignCountryMember_429E46F5A709CE684173EFDBA5C24186_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCountryMember_429E46F5A709CE684173EFDBA5C24186" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Country </link:label>
<link:label id="lab_us-gaap_ForeignCountryMember_429E46F5A709CE684173EFDBA5C24186_label_en-US" xlink:label="lab_us-gaap_ForeignCountryMember_429E46F5A709CE684173EFDBA5C24186" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Tax Authority [Member] </link:label>
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<link:label id="lab_pnr_IncomeTaxesAxis_437977A035B33402849DEFDBA5C27C0C_terseLabel_en-US" xlink:label="lab_pnr_IncomeTaxesAxis_437977A035B33402849DEFDBA5C27C0C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Taxes [Axis] </link:label>
<link:label id="lab_pnr_IncomeTaxesAxis_437977A035B33402849DEFDBA5C27C0C_label_en-US" xlink:label="lab_pnr_IncomeTaxesAxis_437977A035B33402849DEFDBA5C27C0C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Taxes [Axis] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_IncomeTaxesAxis" xlink:label="loc_pnr_IncomeTaxesAxis_437977A035B33402849DEFDBA5C27C0C" xlink:type="locator"/>
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<link:label id="lab_pnr_IncomeTaxesDomain_D375FABEFB2F961322A1EFDBA5C2E5F3_terseLabel_en-US" xlink:label="lab_pnr_IncomeTaxesDomain_D375FABEFB2F961322A1EFDBA5C2E5F3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Taxes [Domain] </link:label>
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<link:label id="lab_pnr_AgreementTwoMemberMember_7E02136D6195C3E415C4EFDBA5C2455F_terseLabel_en-US" xlink:label="lab_pnr_AgreementTwoMemberMember_7E02136D6195C3E415C4EFDBA5C2455F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Agreement Two Member [Member] </link:label>
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<link:label id="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C_terseLabel_en-US" xlink:label="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 Tax Sharing Agreement </link:label>
<link:label id="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C_label_en-US" xlink:label="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Agreement One [Member] </link:label>
<link:label id="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C_documentation_en-US" xlink:label="lab_pnr_AgreementOneMember_9A0CD3F9DA523794583EEFDBA5C2CC7C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Agreement One [Member] </link:label>
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<link:label id="lab_us-gaap_RangeAxis_36CDF5C2276CA0DC6CD9EFDBA5C256E6_terseLabel_en-US" xlink:label="lab_us-gaap_RangeAxis_36CDF5C2276CA0DC6CD9EFDBA5C256E6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
<link:label id="lab_us-gaap_RangeAxis_36CDF5C2276CA0DC6CD9EFDBA5C256E6_label_en-US" xlink:label="lab_us-gaap_RangeAxis_36CDF5C2276CA0DC6CD9EFDBA5C256E6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Axis] </link:label>
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<link:label id="lab_us-gaap_RangeMember_3D69F9B8113567CD3E04EFDBA5C22CF9_terseLabel_en-US" xlink:label="lab_us-gaap_RangeMember_3D69F9B8113567CD3E04EFDBA5C22CF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
<link:label id="lab_us-gaap_RangeMember_3D69F9B8113567CD3E04EFDBA5C22CF9_label_en-US" xlink:label="lab_us-gaap_RangeMember_3D69F9B8113567CD3E04EFDBA5C22CF9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Range [Domain] </link:label>
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<link:label id="lab_us-gaap_MinimumMember_87F8C47B86E410DAEA51EFDBA5C238CD_terseLabel_en-US" xlink:label="lab_us-gaap_MinimumMember_87F8C47B86E410DAEA51EFDBA5C238CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum </link:label>
<link:label id="lab_us-gaap_MinimumMember_87F8C47B86E410DAEA51EFDBA5C238CD_label_en-US" xlink:label="lab_us-gaap_MinimumMember_87F8C47B86E410DAEA51EFDBA5C238CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Minimum [Member] </link:label>
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<link:label id="lab_us-gaap_MaximumMember_970F43D4121A478BDA09EFDBA5C20904_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumMember_970F43D4121A478BDA09EFDBA5C20904" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Maximum </link:label>
<link:label id="lab_us-gaap_MaximumMember_970F43D4121A478BDA09EFDBA5C20904_label_en-US" xlink:label="lab_us-gaap_MaximumMember_970F43D4121A478BDA09EFDBA5C20904" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Maximum [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MaximumMember" xlink:label="loc_us-gaap_MaximumMember_970F43D4121A478BDA09EFDBA5C20904" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate" xlink:label="loc_us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_FBCA9AD772FDFB4FB179EFDBA5C205FB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefits_91B6B83D527D98BDFBF7EFDBA5C2EA7A_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_91B6B83D527D98BDFBF7EFDBA5C2EA7A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross unrecognized tax benefits </link:label>
<link:label id="lab_us-gaap_UnrecognizedTaxBenefits_91B6B83D527D98BDFBF7EFDBA5C2EA7A_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_91B6B83D527D98BDFBF7EFDBA5C2EA7A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnrecognizedTaxBenefits" xlink:label="loc_us-gaap_UnrecognizedTaxBenefits_91B6B83D527D98BDFBF7EFDBA5C2EA7A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_35976BDB34599C67DD73EFDBA5C26337_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_35976BDB34599C67DD73EFDBA5C26337" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amount of tax benefits that, if recognized, would impact the effective tax rate </link:label>
<link:label id="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_35976BDB34599C67DD73EFDBA5C26337_label_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_35976BDB34599C67DD73EFDBA5C26337" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits that Would Impact Effective Tax Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate" xlink:label="loc_us-gaap_UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate_35976BDB34599C67DD73EFDBA5C26337" xlink:type="locator"/>
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<link:label id="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B_terseLabel_en-US" xlink:label="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Possible amount of decrease during the next twelve months primarily as a result of the resolution of federal, state and foreign examinations and the expiration of various statutes of limitations </link:label>
<link:label id="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B_label_en-US" xlink:label="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits Reductions Resulting From Settlements With Taxing Authorities And Lapse Of Applicable Statute Of Limitations </link:label>
<link:label id="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B_documentation_en-US" xlink:label="lab_pnr_UnrecognizedTaxBenefitsReductionsResultingFromSettlementsWithTaxingAuthoritiesAndLapseOfApplicableStatuteOfLimitations_B93E3985718D3D73813DEFDBA5C2230B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unrecognized Tax Benefits, Reductions Resulting from Settlements with Taxing Authorities and Lapse of Applicable Statute of Limitations </link:label>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_C567CD048C5C3A352861EFDBA5C23FC2_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued_C567CD048C5C3A352861EFDBA5C23FC2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payment of penalties </link:label>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_97EE369B15F51F14FFC3EFDBA5C205E9_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued_97EE369B15F51F14FFC3EFDBA5C205E9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Payment of interest expense </link:label>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_04A4FC14EDA4598AD44EEFDBA5C2CC1F_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_04A4FC14EDA4598AD44EEFDBA5C2CC1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred taxes on undistributed earnings of certain subsidiaries </link:label>
<link:label id="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_04A4FC14EDA4598AD44EEFDBA5C2CC1F_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesUndistributedForeignEarnings_04A4FC14EDA4598AD44EEFDBA5C2CC1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Undistributed Foreign Earnings </link:label>
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<link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_40FEB5D5BC71A36CD4E7EFDBA5C245E8_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_40FEB5D5BC71A36CD4E7EFDBA5C245E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax loss carryforwards </link:label>
<link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_40FEB5D5BC71A36CD4E7EFDBA5C245E8_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwards_40FEB5D5BC71A36CD4E7EFDBA5C245E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards </link:label>
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<link:label id="lab_us-gaap_DeferredTaxAssetsValuationAllowance_39F6D3184AC8EF00D8E8EFDBA5C2F194_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsValuationAllowance_39F6D3184AC8EF00D8E8EFDBA5C2F194" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax assets, valuation allowance </link:label>
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<link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_9D2D19533435192812D1EFDBA5C22876_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign_9D2D19533435192812D1EFDBA5C22876" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards, Foreign </link:label>
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<link:label id="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_C6F568AAA3C34EE68CEEEFDBA5C25D85_label_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal_C6F568AAA3C34EE68CEEEFDBA5C25D85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards, State and Local </link:label>
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<link:label id="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858_terseLabel_en-US" xlink:label="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating loss carryforwards expiration year </link:label>
<link:label id="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858_label_en-US" xlink:label="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets Operating Loss Carryforwards Expiration Year </link:label>
<link:label id="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858_documentation_en-US" xlink:label="lab_pnr_DeferredTaxAssetsOperatingLossCarryforwardsExpirationYear_5BE95143219FEDA36FB6EFDBA5C2F858" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Tax Assets, Operating Loss Carryforwards, Expiration Year </link:label>
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<link:label id="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987_terseLabel_en-US" xlink:label="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shared tax liabilities description </link:label>
<link:label id="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987_label_en-US" xlink:label="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Sharing Description </link:label>
<link:label id="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987_documentation_en-US" xlink:label="lab_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Description </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxSharingDescription" xlink:label="loc_pnr_TaxSharingDescription_9289B797901952126718EFDBA5C27987" xlink:type="locator"/>
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<link:label id="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C_terseLabel_en-US" xlink:label="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax sharing, liability </link:label>
<link:label id="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C_label_en-US" xlink:label="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Liability </link:label>
<link:label id="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C_documentation_en-US" xlink:label="lab_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Liability </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxSharingLiability" xlink:label="loc_pnr_TaxSharingLiability_776DD843DF20E11A6155EFDBA5C2074C" xlink:type="locator"/>
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<link:label id="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495_terseLabel_en-US" xlink:label="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Liability, Paid </link:label>
<link:label id="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495_label_en-US" xlink:label="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Liability, Paid </link:label>
<link:label id="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495_documentation_en-US" xlink:label="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Tax Sharing, Liability, Paid </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TaxSharingLiabilityPaid" xlink:label="loc_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:to="lab_pnr_TaxSharingLiabilityPaid_E367BCD1BFF9F764291FEFDBA5C25495" xlink:type="arc"/>
<link:label id="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B_terseLabel_en-US" xlink:label="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage of shared tax liabilities </link:label>
<link:label id="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B_label_en-US" xlink:label="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Tax Liabilities Under Tax Sharing Agreement </link:label>
<link:label id="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B_documentation_en-US" xlink:label="lab_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage of Tax Liabilities Under Tax Sharing Agreement </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement" xlink:label="loc_pnr_PercentageOfTaxLiabilitiesUnderTaxSharingAgreement_E16DE976E1BB5F78E7DBEFDBA5C2A72B" xlink:type="locator"/>
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<link:label id="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F_terseLabel_en-US" xlink:label="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disallowed interest and related tax deductions </link:label>
<link:label id="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F_label_en-US" xlink:label="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disallowed Interest And Related Tax Deductions </link:label>
<link:label id="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F_documentation_en-US" xlink:label="lab_pnr_DisallowedInterestAndRelatedTaxDeductions_DEF876FF6C1837FBF287EFDBA5C26B0F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disallowed Interest And Related Tax Deductions </link:label>
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<link:label id="lab_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2_periodStartLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2_label_en-US" xlink:label="lab_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2" xlink:to="lab_us-gaap_RestructuringReserve_5CD883CA18FA4CD3E7B13537CEA592C2" xlink:type="arc"/>
<link:label id="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462_terseLabel_en-US" xlink:label="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquired </link:label>
<link:label id="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462_label_en-US" xlink:label="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve, Acquired </link:label>
<link:label id="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462_documentation_en-US" xlink:label="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Restructuring Reserve, Acquired </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_RestructuringReserveAcquired" xlink:label="loc_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:to="lab_pnr_RestructuringReserveAcquired_D3D3BEB9C27428144BC53537CEA5C462" xlink:type="arc"/>
<link:label id="lab_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Costs incurred </link:label>
<link:label id="lab_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring and Related Cost, Incurred Cost </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringAndRelatedCostIncurredCost" xlink:label="loc_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C" xlink:to="lab_us-gaap_RestructuringAndRelatedCostIncurredCost_3BB01A31F32E1F4681193537CEA5653C" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsForRestructuring_9E7678B523054B2E53D13537CEA54C53_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_9E7678B523054B2E53D13537CEA54C53" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Cash payments and other </link:label>
<link:label id="lab_us-gaap_PaymentsForRestructuring_9E7678B523054B2E53D13537CEA54C53_label_en-US" xlink:label="lab_us-gaap_PaymentsForRestructuring_9E7678B523054B2E53D13537CEA54C53" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Restructuring </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsForRestructuring" xlink:label="loc_us-gaap_PaymentsForRestructuring_9E7678B523054B2E53D13537CEA54C53" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RestructuringReserve_11078BAFB2C5BCFECAA83537CEA58482_periodEndLabel_en-US" xlink:label="lab_us-gaap_RestructuringReserve_11078BAFB2C5BCFECAA83537CEA58482" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringReserve" xlink:label="loc_us-gaap_RestructuringReserve_11078BAFB2C5BCFECAA83537CEA58482" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RestructuringReserve_11078BAFB2C5BCFECAA83537CEA58482" xlink:to="lab_us-gaap_RestructuringReserve_11078BAFB2C5BCFECAA83537CEA58482" xlink:type="arc"/>
<link:label id="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8_terseLabel_en-US" xlink:label="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Divestitures [Table] </link:label>
<link:label id="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8_label_en-US" xlink:label="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Divestitures [Table] </link:label>
<link:label id="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8_documentation_en-US" xlink:label="lab_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Divestitures [Table] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DivestituresTable" xlink:label="loc_pnr_DivestituresTable_4E451A92DB5EE0999B3915727A6961B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571_terseLabel_en-US" xlink:label="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Activities [Axis] </link:label>
<link:label id="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571_label_en-US" xlink:label="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Activities [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementOperatingActivitiesSegmentAxis" xlink:label="loc_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571" xlink:to="lab_us-gaap_StatementOperatingActivitiesSegmentAxis_2D5CE1C867C144B8A91B1573EC129571" xlink:type="arc"/>
<link:label id="lab_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Activities [Domain] </link:label>
<link:label id="lab_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D_label_en-US" xlink:label="lab_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Activities [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentOperatingActivitiesDomain" xlink:label="loc_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D" xlink:to="lab_us-gaap_SegmentOperatingActivitiesDomain_E6C7286068E51CC1F3EB1573EDB7ED8D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued Operations, Disposed of by Sale [Member] </link:label>
<link:label id="lab_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discontinued Operations, Disposed of by Sale [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DiscontinuedOperationsDisposedOfBySaleMember" xlink:label="loc_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3" xlink:to="lab_us-gaap_DiscontinuedOperationsDisposedOfBySaleMember_3DAB3BC7E3B5C46ED52F15741D7D30E3" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementBusinessSegmentsAxis_3A212B6CB48CCE7E064E15727A694CC4_verboseLabel_en-US" xlink:label="lab_us-gaap_StatementBusinessSegmentsAxis_3A212B6CB48CCE7E064E15727A694CC4" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Segments [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementBusinessSegmentsAxis" xlink:label="loc_us-gaap_StatementBusinessSegmentsAxis_3A212B6CB48CCE7E064E15727A694CC4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentDomain_4BD708E320A555F57E7115727A690E0C_verboseLabel_en-US" xlink:label="lab_us-gaap_SegmentDomain_4BD708E320A555F57E7115727A690E0C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Segments [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentDomain" xlink:label="loc_us-gaap_SegmentDomain_4BD708E320A555F57E7115727A690E0C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SegmentDomain_4BD708E320A555F57E7115727A690E0C" xlink:to="lab_us-gaap_SegmentDomain_4BD708E320A555F57E7115727A690E0C" xlink:type="arc"/>
<link:label id="lab_pnr_TechnicalSolutionsMember_EAB01AECC25CB037494B15727A697030_terseLabel_en-US" xlink:label="lab_pnr_TechnicalSolutionsMember_EAB01AECC25CB037494B15727A697030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Technical Solutions [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TechnicalSolutionsMember" xlink:label="loc_pnr_TechnicalSolutionsMember_EAB01AECC25CB037494B15727A697030" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TechnicalSolutionsMember_EAB01AECC25CB037494B15727A697030" xlink:to="lab_pnr_TechnicalSolutionsMember_EAB01AECC25CB037494B15727A697030" xlink:type="arc"/>
<link:label id="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE_terseLabel_en-US" xlink:label="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Flow Technologies [Member] </link:label>
<link:label id="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE_label_en-US" xlink:label="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Flow Technologies [Member] </link:label>
<link:label id="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE_documentation_en-US" xlink:label="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Flow Technologies [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FlowTechnologiesMember" xlink:label="loc_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:to="lab_pnr_FlowTechnologiesMember_2597822DAB46E385B90515727A69DFAE" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessAcquisitionLineItems_AC665E8146AE7DDC8AD615727A691F47_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_AC665E8146AE7DDC8AD615727A691F47" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Line Items] </link:label>
<link:label id="lab_us-gaap_BusinessAcquisitionLineItems_AC665E8146AE7DDC8AD615727A691F47_label_en-US" xlink:label="lab_us-gaap_BusinessAcquisitionLineItems_AC665E8146AE7DDC8AD615727A691F47" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessAcquisitionLineItems" xlink:label="loc_us-gaap_BusinessAcquisitionLineItems_AC665E8146AE7DDC8AD615727A691F47" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_D88847010B7FE22EE88315727A694D49_verboseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_D88847010B7FE22EE88315727A694D49" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Businesses </link:label>
<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_D88847010B7FE22EE88315727A694D49_label_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_D88847010B7FE22EE88315727A694D49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Divestiture of Businesses </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_D88847010B7FE22EE88315727A694D49" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_456121ABB7C34CFA70CD15727A69B7C8_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_456121ABB7C34CFA70CD15727A69B7C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax </link:label>
<link:label id="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_456121ABB7C34CFA70CD15727A69B7C8_label_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_456121ABB7C34CFA70CD15727A69B7C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax" xlink:label="loc_us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax_456121ABB7C34CFA70CD15727A69B7C8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_F439786AFC3D7576D0DB15727A698A4E_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_F439786AFC3D7576D0DB15727A698A4E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Disposition of Business </link:label>
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<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_6C4D4A1D4B3195EF6CD715727A696BB7_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_6C4D4A1D4B3195EF6CD715727A696BB7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill, Written off Related to Sale of Business Unit </link:label>
<link:label id="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_6C4D4A1D4B3195EF6CD715727A696BB7_label_en-US" xlink:label="lab_us-gaap_GoodwillWrittenOffRelatedToSaleOfBusinessUnit_6C4D4A1D4B3195EF6CD715727A696BB7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill, Written off Related to Sale of Business Unit </link:label>
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<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_19DB7839BA33E45A6AFD3537D2C9E509_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_19DB7839BA33E45A6AFD3537D2C9E509" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Information </link:label>
<link:label id="lab_us-gaap_SegmentReportingDisclosureTextBlock_19DB7839BA33E45A6AFD3537D2C9E509_label_en-US" xlink:label="lab_us-gaap_SegmentReportingDisclosureTextBlock_19DB7839BA33E45A6AFD3537D2C9E509" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Disclosure [Text Block] </link:label>
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<link:label id="lab_us-gaap_StatementOfFinancialPositionAbstract_2E7913F952085696440DA130A447078C_label_en-US" xlink:label="lab_us-gaap_StatementOfFinancialPositionAbstract_2E7913F952085696440DA130A447078C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Financial Position [Abstract] </link:label>
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<link:label id="lab_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_A9EABAC3C1418B19E001A130A44798AF_label_en-US" xlink:label="lab_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_A9EABAC3C1418B19E001A130A44798AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Allowance for Doubtful Accounts Receivable, Current </link:label>
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<link:label id="lab_us-gaap_CommonStockSharesAuthorized_50712F421D8FD70C48DAA130A447E6C5_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_50712F421D8FD70C48DAA130A447E6C5" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Common stock, shares authorized </link:label>
<link:label id="lab_us-gaap_CommonStockSharesAuthorized_50712F421D8FD70C48DAA130A447E6C5_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesAuthorized_50712F421D8FD70C48DAA130A447E6C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares Authorized </link:label>
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<link:label id="lab_us-gaap_CommonStockSharesIssued_194B53114A5FA57AEE57A130A447D2DB_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued_194B53114A5FA57AEE57A130A447D2DB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Shares, Issued </link:label>
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<link:label id="lab_us-gaap_TreasuryStockShares_178D4E88A87AA75A157BA130A4470884_label_en-US" xlink:label="lab_us-gaap_TreasuryStockShares_178D4E88A87AA75A157BA130A4470884" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares </link:label>
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<link:label id="lab_us-gaap_LossContingenciesTable_E4DA7B7863D16B1AFB00F1098D0377B6_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable_E4DA7B7863D16B1AFB00F1098D0377B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingencies [Table] </link:label>
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<link:label id="lab_pnr_LiabilityForClaimsAndContingencies_58395709BBCE771CFA54F1098D03F810_terseLabel_en-US" xlink:label="lab_pnr_LiabilityForClaimsAndContingencies_58395709BBCE771CFA54F1098D03F810" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liability For claims and contingencies </link:label>
<link:label id="lab_pnr_LiabilityForClaimsAndContingencies_58395709BBCE771CFA54F1098D03F810_label_en-US" xlink:label="lab_pnr_LiabilityForClaimsAndContingencies_58395709BBCE771CFA54F1098D03F810" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liability For Claims And Contingencies </link:label>
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<link:label id="lab_pnr_ERICOGlobalCompanyMember_FA7539B351E033C7F79B1A12ED85CE2D_terseLabel_en-US" xlink:label="lab_pnr_ERICOGlobalCompanyMember_FA7539B351E033C7F79B1A12ED85CE2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> ERICO Global Company [Member] </link:label>
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<link:label id="lab_pnr_ReconciliationofSegmentIncomeLosstoConsolidatedAbstract_E3CEC24B3A7A34921DCE1A37191539BB_documentation_en-US" xlink:label="lab_pnr_ReconciliationofSegmentIncomeLosstoConsolidatedAbstract_E3CEC24B3A7A34921DCE1A37191539BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Reconciliation of Segment Income (Loss) to Consolidated [Abstract] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable" xlink:label="loc_us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTable_8033D8563C01203EBBF31A3719152BA5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MaterialReconcilingItemsMember_E641D22934195716BEDB1A3719247A20_terseLabel_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_E641D22934195716BEDB1A3719247A20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reconciling Items [Member] </link:label>
<link:label id="lab_us-gaap_MaterialReconcilingItemsMember_E641D22934195716BEDB1A3719247A20_label_en-US" xlink:label="lab_us-gaap_MaterialReconcilingItemsMember_E641D22934195716BEDB1A3719247A20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reconciling Items [Member] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems" xlink:label="loc_us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems_1C91D58E995719D58CE61A3719240F3A" xlink:type="locator"/>
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<link:label id="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E_verboseLabel_en-US" xlink:label="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Segment Income (Loss) </link:label>
<link:label id="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E_label_en-US" xlink:label="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Income (Loss) </link:label>
<link:label id="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E_documentation_en-US" xlink:label="lab_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Segment Income (Loss) </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SegmentIncomeLoss" xlink:label="loc_pnr_SegmentIncomeLoss_4481781501B29A80574E1A371924060E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForMergerRelatedCosts_482DC6C72C44CA67015D1A3719247E8F_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForMergerRelatedCosts_482DC6C72C44CA67015D1A3719247E8F" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Payments for Merger Related Costs </link:label>
<link:label id="lab_us-gaap_PaymentsForMergerRelatedCosts_482DC6C72C44CA67015D1A3719247E8F_label_en-US" xlink:label="lab_us-gaap_PaymentsForMergerRelatedCosts_482DC6C72C44CA67015D1A3719247E8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Merger Related Costs </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_InventoryStepUpRelatedToMerger" xlink:label="loc_pnr_InventoryStepUpRelatedToMerger_76AF24963C2E142E4CA91A3719246FA8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_31348034827C7BB0B0381A37192418AE_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_31348034827C7BB0B0381A37192418AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization </link:label>
<link:label id="lab_us-gaap_AmortizationOfIntangibleAssets_31348034827C7BB0B0381A37192418AE_label_en-US" xlink:label="lab_us-gaap_AmortizationOfIntangibleAssets_31348034827C7BB0B0381A37192418AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization of Intangible Assets </link:label>
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<link:label id="lab_us-gaap_AssetImpairmentCharges_691C2B1A6442B73659E51A371924EBAA_label_en-US" xlink:label="lab_us-gaap_AssetImpairmentCharges_691C2B1A6442B73659E51A371924EBAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asset Impairment Charges </link:label>
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<link:label id="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8_negatedTerseLabel_en-US" xlink:label="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Redomicile Expense </link:label>
<link:label id="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8_label_en-US" xlink:label="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Redomicile Expense </link:label>
<link:label id="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8_documentation_en-US" xlink:label="lab_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Redomicile Expense </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_RedomicileExpense" xlink:label="loc_pnr_RedomicileExpense_BA227922CB0D116D45541A371924F1B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OperatingIncomeLoss_4225295FAB0A3692B9481A371924E0ED_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_4225295FAB0A3692B9481A371924E0ED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Income (Loss) </link:label>
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<link:label id="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_0A0BAAD5BB2DD66D84E73537D03F1CF3_terseLabel_en-US" xlink:label="lab_us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_0A0BAAD5BB2DD66D84E73537D03F1CF3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basis of Presentation </link:label>
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<link:label id="lab_us-gaap_FiscalPeriod_DDA4100D8D056AC949A13537D03F1254_terseLabel_en-US" xlink:label="lab_us-gaap_FiscalPeriod_DDA4100D8D056AC949A13537D03F1254" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fiscal Year </link:label>
<link:label id="lab_us-gaap_FiscalPeriod_DDA4100D8D056AC949A13537D03F1254_label_en-US" xlink:label="lab_us-gaap_FiscalPeriod_DDA4100D8D056AC949A13537D03F1254" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fiscal Period, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_UseOfEstimates_1D3E1A5977ED2AD560EF3537D03F4E98_terseLabel_en-US" xlink:label="lab_us-gaap_UseOfEstimates_1D3E1A5977ED2AD560EF3537D03F4E98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Use of Estimates </link:label>
<link:label id="lab_us-gaap_UseOfEstimates_1D3E1A5977ED2AD560EF3537D03F4E98_label_en-US" xlink:label="lab_us-gaap_UseOfEstimates_1D3E1A5977ED2AD560EF3537D03F4E98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Use of Estimates, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_E52BAA21E8E635ED75DF3537D03F5031_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_E52BAA21E8E635ED75DF3537D03F5031" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Revenue Recognition </link:label>
<link:label id="lab_us-gaap_RevenueRecognitionPolicyTextBlock_E52BAA21E8E635ED75DF3537D03F5031_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionPolicyTextBlock_E52BAA21E8E635ED75DF3537D03F5031" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue Recognition, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303_terseLabel_en-US" xlink:label="lab_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shipping and Handling Costs </link:label>
<link:label id="lab_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303_label_en-US" xlink:label="lab_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shipping and Handling Cost, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShippingAndHandlingCostPolicyTextBlock" xlink:label="loc_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303" xlink:to="lab_us-gaap_ShippingAndHandlingCostPolicyTextBlock_7F02BE5FDA16C77C00E43537D03F8303" xlink:type="arc"/>
<link:label id="lab_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685_terseLabel_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Research and Development </link:label>
<link:label id="lab_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685_label_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Research and Development Expense, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ResearchAndDevelopmentExpensePolicy" xlink:label="loc_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685" xlink:to="lab_us-gaap_ResearchAndDevelopmentExpensePolicy_FF9029676F17CCFC9FAF3537D03F4685" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Equivalents </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E" xlink:to="lab_us-gaap_CashAndCashEquivalentsPolicyTextBlock_B74647B7C316DF4124563537D03F209E" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9_terseLabel_en-US" xlink:label="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trade Receivables and Concentration of Credit Risk </link:label>
<link:label id="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9_label_en-US" xlink:label="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trade and Other Accounts Receivable, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TradeAndOtherAccountsReceivablePolicy" xlink:label="loc_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9" xlink:to="lab_us-gaap_TradeAndOtherAccountsReceivablePolicy_9F5F1721AEDB2997AEC73537D03F28A9" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Inventories </link:label>
<link:label id="lab_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6_label_en-US" xlink:label="lab_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryPolicyTextBlock" xlink:label="loc_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6" xlink:to="lab_us-gaap_InventoryPolicyTextBlock_55C6ABBA90CB3FA2F8853537D03FB0C6" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentPolicyTextBlock_D4111D2D1EAC721841C83537D03F7F19" xlink:type="arc"/>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and identifiable intangible assets </link:label>
<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8_label_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8" xlink:to="lab_us-gaap_GoodwillAndIntangibleAssetsPolicyTextBlock_D12B6CD7EDF83ABECFC33537D03F7FE8" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814_terseLabel_en-US" xlink:label="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity and Cost Method Investments </link:label>
<link:label id="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814_label_en-US" xlink:label="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity and Cost Method Investments, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityAndCostMethodInvestmentsPolicy" xlink:label="loc_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814" xlink:to="lab_us-gaap_EquityAndCostMethodInvestmentsPolicy_0BAD3F41C0A9E22E2C213537D03F2814" xlink:type="arc"/>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Taxes </link:label>
<link:label id="lab_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85_label_en-US" xlink:label="lab_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85" xlink:to="lab_us-gaap_IncomeTaxPolicyTextBlock_26992B9F61F402A3E2913537D03F3E85" xlink:type="arc"/>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension and other post-retirement plans </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Plans, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionAndOtherPostretirementPlansPolicy" xlink:label="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA" xlink:to="lab_us-gaap_PensionAndOtherPostretirementPlansPolicy_3951E9F99174B7AFC4F53537D03FA9FA" xlink:type="arc"/>
<link:label id="lab_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7_terseLabel_en-US" xlink:label="lab_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Environmental </link:label>
<link:label id="lab_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7_label_en-US" xlink:label="lab_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Environmental Costs, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EnvironmentalCostsPolicy" xlink:label="loc_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7" xlink:to="lab_us-gaap_EnvironmentalCostsPolicy_3EAB5B6890F6F0B305343537D03F30B7" xlink:type="arc"/>
<link:label id="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41_terseLabel_en-US" xlink:label="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asbestos Matters </link:label>
<link:label id="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41_label_en-US" xlink:label="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Noncurrent Liabilities Policy Policy [Text Block] </link:label>
<link:label id="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41_documentation_en-US" xlink:label="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Noncurrent Liabilities Policy Policy [Text Block] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock" xlink:label="loc_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:to="lab_pnr_OtherNoncurrentLiabilitiesPolicyPolicyTextBlock_AE5758F10920626F430F3537D03F9A41" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Insurance Subsidiary </link:label>
<link:label id="lab_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF_label_en-US" xlink:label="lab_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property Liability Reserve Estimate, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyLiabilityReserveEstimatePolicy" xlink:label="loc_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF" xlink:to="lab_us-gaap_PropertyLiabilityReserveEstimatePolicy_EBF3DAE532197B6660103537D03F34BF" xlink:type="arc"/>
<link:label id="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402_terseLabel_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-Based Compensation </link:label>
<link:label id="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402_label_en-US" xlink:label="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Compensation Related Costs, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402" xlink:to="lab_us-gaap_CompensationRelatedCostsPolicyTextBlock_3552FD011690601B108F3537D03F7402" xlink:type="arc"/>
<link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_DAD3156DC37BA43BC4993537D03F01CD_terseLabel_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_DAD3156DC37BA43BC4993537D03F01CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Earnings (Loss) Per Common Share </link:label>
<link:label id="lab_us-gaap_EarningsPerSharePolicyTextBlock_DAD3156DC37BA43BC4993537D03F01CD_label_en-US" xlink:label="lab_us-gaap_EarningsPerSharePolicyTextBlock_DAD3156DC37BA43BC4993537D03F01CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share, Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EarningsPerSharePolicyTextBlock" xlink:label="loc_us-gaap_EarningsPerSharePolicyTextBlock_DAD3156DC37BA43BC4993537D03F01CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_261C1049C095A40D62793537D03F385C_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_261C1049C095A40D62793537D03F385C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Financial Instruments </link:label>
<link:label id="lab_us-gaap_DerivativesPolicyTextBlock_261C1049C095A40D62793537D03F385C_label_en-US" xlink:label="lab_us-gaap_DerivativesPolicyTextBlock_261C1049C095A40D62793537D03F385C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivatives, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_B53FC0FD5743255609063537D03F509E_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_B53FC0FD5743255609063537D03F509E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value Measurements </link:label>
<link:label id="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_B53FC0FD5743255609063537D03F509E_label_en-US" xlink:label="lab_us-gaap_FairValueMeasurementPolicyPolicyTextBlock_B53FC0FD5743255609063537D03F509E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement, Policy [Policy Text Block] </link:label>
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<link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_5B2185AC596BC5EBABDB3537D03F4B5B_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_5B2185AC596BC5EBABDB3537D03F4B5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Foreign Currency Translation </link:label>
<link:label id="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_5B2185AC596BC5EBABDB3537D03F4B5B_label_en-US" xlink:label="lab_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_5B2185AC596BC5EBABDB3537D03F4B5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Currency Transactions and Translations Policy [Policy Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock" xlink:label="loc_us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock_5B2185AC596BC5EBABDB3537D03F4B5B" xlink:type="locator"/>
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<link:label id="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE_terseLabel_en-US" xlink:label="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> New accounting standards </link:label>
<link:label id="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE_label_en-US" xlink:label="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> New Accounting Standards Policy [Text Block] </link:label>
<link:label id="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE_documentation_en-US" xlink:label="lab_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> New Accounting Standards Policy [Text Block] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NewAccountingStandardsPolicyTextBlock" xlink:label="loc_pnr_NewAccountingStandardsPolicyTextBlock_5D1B172A19FD10E81F813537D03FF2CE" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureFinancialInformationByReportableSegmentAbstract_0F648FA84EF79F3D69351A12EBBA3E31_label_en-US" xlink:label="lab_pnr_DisclosureFinancialInformationByReportableSegmentAbstract_0F648FA84EF79F3D69351A12EBBA3E31" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Financial Information By Reportable Segment [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureFinancialInformationByReportableSegmentAbstract_0F648FA84EF79F3D69351A12EBBA3E31_documentation_en-US" xlink:label="lab_pnr_DisclosureFinancialInformationByReportableSegmentAbstract_0F648FA84EF79F3D69351A12EBBA3E31" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Financial Information By Reportable Segment [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureFinancialInformationByReportableSegmentAbstract" xlink:label="loc_pnr_DisclosureFinancialInformationByReportableSegmentAbstract_0F648FA84EF79F3D69351A12EBBA3E31" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_90425AA559C5CF0587A71A12EBBBA4F8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_90425AA559C5CF0587A71A12EBBBA4F8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_90425AA559C5CF0587A71A12EBBBA4F8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_90425AA559C5CF0587A71A12EBBBA4F8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Segment Reporting Information, by Segment [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable" xlink:label="loc_us-gaap_ScheduleOfSegmentReportingInformationBySegmentTable_90425AA559C5CF0587A71A12EBBBA4F8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AllOtherSegmentsMember_55A706B1E613AC6E88F01A12EBBB9242_terseLabel_en-US" xlink:label="lab_us-gaap_AllOtherSegmentsMember_55A706B1E613AC6E88F01A12EBBB9242" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> All Other Segments </link:label>
<link:label id="lab_us-gaap_AllOtherSegmentsMember_55A706B1E613AC6E88F01A12EBBB9242_label_en-US" xlink:label="lab_us-gaap_AllOtherSegmentsMember_55A706B1E613AC6E88F01A12EBBB9242" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Segments [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AllOtherSegmentsMember" xlink:label="loc_us-gaap_AllOtherSegmentsMember_55A706B1E613AC6E88F01A12EBBB9242" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_70A45C61703A9C73730E1A12EBBB414F_terseLabel_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_70A45C61703A9C73730E1A12EBBB414F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
<link:label id="lab_us-gaap_SegmentReportingInformationLineItems_70A45C61703A9C73730E1A12EBBB414F_label_en-US" xlink:label="lab_us-gaap_SegmentReportingInformationLineItems_70A45C61703A9C73730E1A12EBBB414F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Segment Reporting Information [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SegmentReportingInformationLineItems" xlink:label="loc_us-gaap_SegmentReportingInformationLineItems_70A45C61703A9C73730E1A12EBBB414F" xlink:type="locator"/>
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<link:label id="lab_pnr_SegmentIncomeLoss_8D138C64D62F016975971A12EBBBFE55_terseLabel_en-US" xlink:label="lab_pnr_SegmentIncomeLoss_8D138C64D62F016975971A12EBBBFE55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Segment income (loss) </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SegmentIncomeLoss" xlink:label="loc_pnr_SegmentIncomeLoss_8D138C64D62F016975971A12EBBBFE55" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Assets_7B90351A2812E9AFCA081A12EBBB25C0_verboseLabel_en-US" xlink:label="lab_us-gaap_Assets_7B90351A2812E9AFCA081A12EBBB25C0" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Identifiable assets (1) </link:label>
<link:label id="lab_us-gaap_Assets_7B90351A2812E9AFCA081A12EBBB25C0_label_en-US" xlink:label="lab_us-gaap_Assets_7B90351A2812E9AFCA081A12EBBB25C0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_7B90351A2812E9AFCA081A12EBBB25C0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Depreciation_8D5806982F427B3C88AD1A12EBBC7CBC_terseLabel_en-US" xlink:label="lab_us-gaap_Depreciation_8D5806982F427B3C88AD1A12EBBC7CBC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Depreciation </link:label>
<link:label id="lab_us-gaap_Depreciation_8D5806982F427B3C88AD1A12EBBC7CBC_label_en-US" xlink:label="lab_us-gaap_Depreciation_8D5806982F427B3C88AD1A12EBBC7CBC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Depreciation </link:label>
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<link:label id="lab_us-gaap_AdjustmentForAmortization_D88A0FB500A6961358C31A12EBBC35EC_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentForAmortization_D88A0FB500A6961358C31A12EBBC35EC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization </link:label>
<link:label id="lab_us-gaap_AdjustmentForAmortization_D88A0FB500A6961358C31A12EBBC35EC_label_en-US" xlink:label="lab_us-gaap_AdjustmentForAmortization_D88A0FB500A6961358C31A12EBBC35EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Amortization </link:label>
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<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6CBDA9F2A55630F8E27E1A12EBBCD439_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6CBDA9F2A55630F8E27E1A12EBBCD439" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital expenditures </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6CBDA9F2A55630F8E27E1A12EBBCD439_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_6CBDA9F2A55630F8E27E1A12EBBCD439" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Property, Plant, and Equipment </link:label>
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<link:label id="lab_pnr_DisclosureFutureMinimumLeaseCommitmentsUnderNonCancelableOperatingLeasesAbstract_009515B6635A8C154DACEFDC561E8259_label_en-US" xlink:label="lab_pnr_DisclosureFutureMinimumLeaseCommitmentsUnderNonCancelableOperatingLeasesAbstract_009515B6635A8C154DACEFDC561E8259" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Future Minimum Lease Commitments Under Non Cancelable Operating Leases [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_3F637B3BBE3C9B94BFD5EFDC561EE88F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOperatingLeasedAssetsTable_3F637B3BBE3C9B94BFD5EFDC561EE88F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Operating Leased Assets [Table] </link:label>
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<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_17F37E79433008AFFB0DEFDC561E3ECB_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_17F37E79433008AFFB0DEFDC561E3ECB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency Nature [Axis] </link:label>
<link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_17F37E79433008AFFB0DEFDC561E3ECB_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_17F37E79433008AFFB0DEFDC561E3ECB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency Nature [Axis] </link:label>
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<link:label id="lab_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:label id="lab_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C_label_en-US" xlink:label="lab_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Loss Contingency, Nature [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LossContingencyNatureDomain" xlink:label="loc_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C" xlink:to="lab_us-gaap_LossContingencyNatureDomain_EE95BE43281B3C1B1271EFDC561E799C" xlink:type="arc"/>
<link:label id="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D_terseLabel_en-US" xlink:label="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum lease payments </link:label>
<link:label id="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D_label_en-US" xlink:label="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases [Member] </link:label>
<link:label id="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D_documentation_en-US" xlink:label="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Operating Leases [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OperatingLeasesMember" xlink:label="loc_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:to="lab_pnr_OperatingLeasesMember_3186D884AA045DC385DFEFDC561E575D" xlink:type="arc"/>
<link:label id="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422_terseLabel_en-US" xlink:label="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Minimum sublease rentals </link:label>
<link:label id="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422_label_en-US" xlink:label="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Sublease [Member] </link:label>
<link:label id="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422_documentation_en-US" xlink:label="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Sublease [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SubleaseMember" xlink:label="loc_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:to="lab_pnr_SubleaseMember_AE87595159129A37F6B0EFDC56287422" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Operating Leased Assets [Line Items] </link:label>
<link:label id="lab_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14_label_en-US" xlink:label="lab_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leased Assets [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasedAssetsLineItems" xlink:label="loc_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14" xlink:to="lab_us-gaap_OperatingLeasedAssetsLineItems_E66CA4F173D21D47F639EFDC5628EE14" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> 2016 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments Due, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueCurrent_A4CCEC6DE9D46BCAA882EFDC562880DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> 2017 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Two Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears_CADC375E0E7120F6E8ADEFDC562856C3" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> 2018 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Three Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517" xlink:to="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears_1543485DFF893FE93E03EFDC56288517" xlink:type="arc"/>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3AEA640B8BE56C84A25EEFDC5628A907_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3AEA640B8BE56C84A25EEFDC5628A907" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> 2019 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3AEA640B8BE56C84A25EEFDC5628A907_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3AEA640B8BE56C84A25EEFDC5628A907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Four Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears_3AEA640B8BE56C84A25EEFDC5628A907" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5773E8B4BA12E89E8E3AEFDC56289E4D_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5773E8B4BA12E89E8E3AEFDC56289E4D" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> 2020 </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5773E8B4BA12E89E8E3AEFDC56289E4D_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5773E8B4BA12E89E8E3AEFDC56289E4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due in Five Years </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears_5773E8B4BA12E89E8E3AEFDC56289E4D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0EF34F1D1944217D21FCEFDC5628B0D1_terseLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0EF34F1D1944217D21FCEFDC5628B0D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0EF34F1D1944217D21FCEFDC5628B0D1_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0EF34F1D1944217D21FCEFDC5628B0D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments, Due Thereafter </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter_0EF34F1D1944217D21FCEFDC5628B0D1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_41C75FD97E485FD79903EFDC56285127_negatedTotalLabel_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_41C75FD97E485FD79903EFDC56285127" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="resource" xml:lang="en-US"> Total </link:label>
<link:label id="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_41C75FD97E485FD79903EFDC56285127_label_en-US" xlink:label="lab_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_41C75FD97E485FD79903EFDC56285127" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Leases, Future Minimum Payments Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_OperatingLeasesFutureMinimumPaymentsDue_41C75FD97E485FD79903EFDC56285127" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureStockOptionActivityAbstract_B218C69A00CEE75FD69B3537D14D0938_label_en-US" xlink:label="lab_pnr_DisclosureStockOptionActivityAbstract_B218C69A00CEE75FD69B3537D14D0938" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Stock Option Activity [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureStockOptionActivityAbstract_B218C69A00CEE75FD69B3537D14D0938_documentation_en-US" xlink:label="lab_pnr_DisclosureStockOptionActivityAbstract_B218C69A00CEE75FD69B3537D14D0938" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Stock Option Activity [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureStockOptionActivityAbstract" xlink:label="loc_pnr_DisclosureStockOptionActivityAbstract_B218C69A00CEE75FD69B3537D14D0938" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_69CED50520815598C57C3537D14D9DB4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_69CED50520815598C57C3537D14D9DB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_69CED50520815598C57C3537D14D9DB4_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_69CED50520815598C57C3537D14D9DB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable" xlink:label="loc_us-gaap_ScheduleOfShareBasedCompensationArrangementsByShareBasedPaymentAwardTable_69CED50520815598C57C3537D14D9DB4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D1418B1692F32019C78D3537D14DC72C_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D1418B1692F32019C78D3537D14DC72C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D1418B1692F32019C78D3537D14DC72C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D1418B1692F32019C78D3537D14DC72C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems_D1418B1692F32019C78D3537D14DC72C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_F8D3DCBCA020693E5C733537D14D8FE0_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_F8D3DCBCA020693E5C733537D14D8FE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_F8D3DCBCA020693E5C733537D14D8FE0_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_F8D3DCBCA020693E5C733537D14D8FE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingRollForward_F8D3DCBCA020693E5C733537D14D8FE0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_D0E65C8CE4D6CD9EBC4C3537D14D059C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod_472442A088FD6661E1B73537D14D289E" xlink:type="arc"/>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12_negatedLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Exercised </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12" xlink:to="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_A9C0DAC41B875CD829EC3537D14D2B12" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E_negatedLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Forfeited </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Forfeitures in Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_2C78CB833CFAC52C06E33537D14D1B5E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8A794679564D317339753537D14D26CE_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8A794679564D317339753537D14D26CE" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8A794679564D317339753537D14D26CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8A794679564D317339753537D14D26CE" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber_8A794679564D317339753537D14D26CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options exercisable </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber_C510F30AD7C72F3020F93537D14DAE81" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options expected to vest at end of period </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8" xlink:to="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber_43E4B6FBFD21FD7589E93537D14DE0C8" xlink:type="arc"/>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365_terseLabel_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Exercise Price </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365_label_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Exercise Price [Abstract] </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365_documentation_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Exercise Price [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract" xlink:label="loc_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:to="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageExercisePriceAbstract_6FB059DDA3ACA68C31CD3537D14DC365" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_4204029A4BDA418BE9243537D14D4C24_periodStartLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_4204029A4BDA418BE9243537D14D4C24" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_4204029A4BDA418BE9243537D14D4C24_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_4204029A4BDA418BE9243537D14D4C24" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_4204029A4BDA418BE9243537D14D4C24" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_4E00EE073B9C6DE368393537D14DD155_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_4E00EE073B9C6DE368393537D14DD155" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Granted (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_4E00EE073B9C6DE368393537D14DD155_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_4E00EE073B9C6DE368393537D14DD155" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_4E00EE073B9C6DE368393537D14DD155" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_1FDE7269ED15007278463537D14DC49D_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_1FDE7269ED15007278463537D14DC49D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercised (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_1FDE7269ED15007278463537D14DC49D_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_1FDE7269ED15007278463537D14DC49D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Exercises in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_1FDE7269ED15007278463537D14DC49D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_D5A3425228EDD80F93B33537D14DC538_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_D5A3425228EDD80F93B33537D14DC538" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Forfeited (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_D5A3425228EDD80F93B33537D14DC538_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_D5A3425228EDD80F93B33537D14DC538" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangements by Share-based Payment Award, Options, Forfeitures in Period, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice_D5A3425228EDD80F93B33537D14DC538" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5F2D72ABA0DB2B4FC96A3537D14D353A_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5F2D72ABA0DB2B4FC96A3537D14D353A" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance (USD per share) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_5F2D72ABA0DB2B4FC96A3537D14D353A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_A4C49851D6379255DF6E3537D14DDFFC_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_A4C49851D6379255DF6E3537D14DDFFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options exercisable at end of period (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_A4C49851D6379255DF6E3537D14DDFFC_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_A4C49851D6379255DF6E3537D14DDFFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice_A4C49851D6379255DF6E3537D14DDFFC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_2BD176EDA2F0E932BC563537D14D4D20_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_2BD176EDA2F0E932BC563537D14D4D20" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options expected to vest at end of period (USD per share) </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_2BD176EDA2F0E932BC563537D14D4D20_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_2BD176EDA2F0E932BC563537D14D4D20" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice_2BD176EDA2F0E932BC563537D14D4D20" xlink:type="locator"/>
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<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0_terseLabel_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted Average Remaining Contractual Life </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0_label_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Weighted Average Remaining Contractual Term [Abstract] </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0_documentation_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Weighted Average Remaining Contractual Term [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract" xlink:label="loc_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsWeightedAverageRemainingContractualTermAbstract_635FCE489002FD82975B3537D14DA9B0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_5CF85537D75D438440233537D14D4A95_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_5CF85537D75D438440233537D14D4A95" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>
<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_5CF85537D75D438440233537D14D4A95_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_5CF85537D75D438440233537D14D4A95" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_5CF85537D75D438440233537D14D4A95" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options exercisable at end of period </link:label>
<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907" xlink:to="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1_32DBE35BBFB0548550563537D14DB907" xlink:type="arc"/>
<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_D92AD7C5698E097F54253537D14DC265_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_D92AD7C5698E097F54253537D14DC265" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options expected to vest at end of period </link:label>
<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_D92AD7C5698E097F54253537D14DC265_label_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_D92AD7C5698E097F54253537D14DC265" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1_D92AD7C5698E097F54253537D14DC265" xlink:type="locator"/>
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<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246_terseLabel_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate Intrinsic value </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246_label_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value [Abstract] </link:label>
<link:label id="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246_documentation_en-US" xlink:label="lab_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Aggregate Intrinsic Value [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract" xlink:label="loc_pnr_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueAbstract_ED3268006E0619D268FC3537D14DE246" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_E84A1E129B1322EB50E33537D14D422E_periodEndLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_E84A1E129B1322EB50E33537D14D422E" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Balance at end of period </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue" xlink:label="loc_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue_E84A1E129B1322EB50E33537D14D422E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_ED3570096D50232D5B143537D14D315E_terseLabel_en-US" xlink:label="lab_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_ED3570096D50232D5B143537D14D315E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Options exercisable at end of period </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1" xlink:label="loc_us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1_ED3570096D50232D5B143537D14D315E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue_EE8F2D3C4D167338A5343537D14D6C2B_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue_EE8F2D3C4D167338A5343537D14D6C2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationAllowancesAndReservesChargedToCostAndExpense" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesChargedToCostAndExpense_8EED64373E90C07BB5833537D3553D69" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ValuationAllowancesAndReservesDeductions_B47C61AC3475D81FF8793537D355C32B_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDeductions_B47C61AC3475D81FF8793537D355C32B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deductions </link:label>
<link:label id="lab_us-gaap_ValuationAllowancesAndReservesDeductions_B47C61AC3475D81FF8793537D355C32B_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesDeductions_B47C61AC3475D81FF8793537D355C32B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Valuation Allowances and Reserves, Deductions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationAllowancesAndReservesDeductions" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesDeductions_B47C61AC3475D81FF8793537D355C32B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ValuationAllowancesAndReservesAdjustments_BC26164A2A51CD0C70473537D3556A18_terseLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesAdjustments_BC26164A2A51CD0C70473537D3556A18" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other changes </link:label>
<link:label id="lab_us-gaap_ValuationAllowancesAndReservesAdjustments_BC26164A2A51CD0C70473537D3556A18_label_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesAdjustments_BC26164A2A51CD0C70473537D3556A18" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Valuation Allowances and Reserves, Adjustments </link:label>
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<link:label id="lab_us-gaap_ValuationAllowancesAndReservesBalance_C628FB33E2BF053105403537D355C251_periodEndLabel_en-US" xlink:label="lab_us-gaap_ValuationAllowancesAndReservesBalance_C628FB33E2BF053105403537D355C251" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ValuationAllowancesAndReservesBalance" xlink:label="loc_us-gaap_ValuationAllowancesAndReservesBalance_C628FB33E2BF053105403537D355C251" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract_605340AD6CF58FF5D3F61A12EB39CCF4_label_en-US" xlink:label="lab_pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract_605340AD6CF58FF5D3F61A12EB39CCF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Financial Statements Of Parent Company Guarantor Additional Information [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract_605340AD6CF58FF5D3F61A12EB39CCF4_documentation_en-US" xlink:label="lab_pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract_605340AD6CF58FF5D3F61A12EB39CCF4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Financial Statements of Parent Company Guarantor - Additional Information [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract" xlink:label="loc_pnr_DisclosureFinancialStatementsOfParentCompanyGuarantorAdditionalInformationAbstract_605340AD6CF58FF5D3F61A12EB39CCF4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_4E53EEC51CC7BBFA0FB01A12EB395AA1_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_4E53EEC51CC7BBFA0FB01A12EB395AA1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Condensed Financial Statements [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_4E53EEC51CC7BBFA0FB01A12EB395AA1_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedFinancialStatementsTable_4E53EEC51CC7BBFA0FB01A12EB395AA1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfCondensedFinancialStatementsTable" xlink:label="loc_us-gaap_ScheduleOfCondensedFinancialStatementsTable_4E53EEC51CC7BBFA0FB01A12EB395AA1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414_terseLabel_en-US" xlink:label="lab_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Subsidiary Issuer </link:label>
<link:label id="lab_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414_label_en-US" xlink:label="lab_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Subsidiary Issuer [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SubsidiaryIssuerMember" xlink:label="loc_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414" xlink:to="lab_us-gaap_SubsidiaryIssuerMember_8409DDE6158D7BE7F39B1A12EB393414" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentAxis_13D05314095A6B960F0F1A12EB3AE74B_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_13D05314095A6B960F0F1A12EB3AE74B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentAxis_13D05314095A6B960F0F1A12EB3AE74B_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentAxis_13D05314095A6B960F0F1A12EB3AE74B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentAxis" xlink:label="loc_us-gaap_DebtInstrumentAxis_13D05314095A6B960F0F1A12EB3AE74B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:label id="lab_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12" xlink:to="lab_us-gaap_DebtInstrumentNameDomain_597ED037A9F2E437A9601A12EB3A6D12" xlink:type="arc"/>
<link:label id="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC_terseLabel_en-US" xlink:label="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes 1.350% due 2015 </link:label>
<link:label id="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC_label_en-US" xlink:label="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes One Point Three Five Zero Percent Due Twenty Fifteen [Member] </link:label>
<link:label id="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC_documentation_en-US" xlink:label="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes One Point Three Five Zero Percent Due Twenty Fifteen [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember" xlink:label="loc_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:to="lab_pnr_SeniorNotesOnePointThreeFiveZeroPercentDueTwentyFifteenMember_6A05C20311D85AF8A0491A12EB3AE5CC" xlink:type="arc"/>
<link:label id="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32_terseLabel_en-US" xlink:label="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes 1.875 % due 2017 </link:label>
<link:label id="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32_label_en-US" xlink:label="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notes One Point Eight Seven Five Percent Due Twenty Seventeen [Member] </link:label>
<link:label id="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32_documentation_en-US" xlink:label="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notes One Point Eight Seven Five Percent Due Twenty Seventeen [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember" xlink:label="loc_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:to="lab_pnr_NotesOnePointEightSevenFivePercentDueTwentySeventeenMember_2865A48035190C91BC561A12EB3ADA32" xlink:type="arc"/>
<link:label id="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B_terseLabel_en-US" xlink:label="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes 2.650% due 2019 </link:label>
<link:label id="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B_label_en-US" xlink:label="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Two Point Six Five Zero Percent Due Twenty Nineteen [Member] </link:label>
<link:label id="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B_documentation_en-US" xlink:label="lab_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes Two Point Six Five Zero Percent Due Twenty Nineteen [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember" xlink:label="loc_pnr_SeniorNotesTwoPointSixFiveZeroPercentDueTwentyNineteenMember_4076E432EEED0E47B2AB1A12EB3A2F3B" xlink:type="locator"/>
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<link:label id="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C_terseLabel_en-US" xlink:label="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes, 5.000% Due 2021 </link:label>
<link:label id="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C_label_en-US" xlink:label="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Five Point Zero Zero Zero Percent Due Twenty Twenty One [Member] </link:label>
<link:label id="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C_documentation_en-US" xlink:label="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes, 5.000 Percent Due 2021 [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember" xlink:label="loc_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:to="lab_pnr_SeniorNotesFivePointZeroZeroZeroPercentDueTwentyTwentyOneMember_1B25DDF9AE36DDAE81CD1A12EB3AB59C" xlink:type="arc"/>
<link:label id="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD_terseLabel_en-US" xlink:label="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes 3.150% due 2022 </link:label>
<link:label id="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD_label_en-US" xlink:label="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes Three Point One Five Zero Percent Due Twenty Twenty Two [Member] </link:label>
<link:label id="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD_documentation_en-US" xlink:label="lab_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Senior Notes Three Point One Five Zero Percent Due Twenty Twenty Two [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember" xlink:label="loc_pnr_SeniorNotesThreePointOneFiveZeroPercentDueTwentyTwentyTwoMember_84DAA7BD3317D018494A1A12EB3A8AAD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_B301BE962C4290A027661A12EB3A5F56_terseLabel_en-US" xlink:label="lab_us-gaap_CondensedFinancialStatementsCaptionsLineItems_B301BE962C4290A027661A12EB3A5F56" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Financial Statements, Captions [Line Items] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_AD0DA48EFD950DC4C6013537C8FBB94F_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_AD0DA48EFD950DC4C6013537C8FBB94F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Related Costs </link:label>
<link:label id="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_AD0DA48EFD950DC4C6013537C8FBB94F_label_en-US" xlink:label="lab_us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock_AD0DA48EFD950DC4C6013537C8FBB94F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Restructuring Reserve by Type of Cost [Table Text Block] </link:label>
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<link:label id="lab_pnr_RestructuringCostsBySegmentTableTextBlock_75DDEFFA29C9780D014B3537C8FB96A8_terseLabel_en-US" xlink:label="lab_pnr_RestructuringCostsBySegmentTableTextBlock_75DDEFFA29C9780D014B3537C8FB96A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring Costs By Segment [Table Text Block] </link:label>
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<link:label id="lab_pnr_StockIncentivePlanTwentyTwelveMember_C434742C110D97EBA1E6F0507A7EA3C4_terseLabel_en-US" xlink:label="lab_pnr_StockIncentivePlanTwentyTwelveMember_C434742C110D97EBA1E6F0507A7EA3C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 Stock and Incentive Plan </link:label>
<link:label id="lab_pnr_StockIncentivePlanTwentyTwelveMember_C434742C110D97EBA1E6F0507A7EA3C4_label_en-US" xlink:label="lab_pnr_StockIncentivePlanTwentyTwelveMember_C434742C110D97EBA1E6F0507A7EA3C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Incentive Plan Twenty Twelve [Member] </link:label>
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<link:label id="lab_us-gaap_AwardTypeAxis_7750F57F13BEF93D6ADEF0507A7EB0D6_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7750F57F13BEF93D6ADEF0507A7EB0D6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Award Type [Axis] </link:label>
<link:label id="lab_us-gaap_AwardTypeAxis_7750F57F13BEF93D6ADEF0507A7EB0D6_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis_7750F57F13BEF93D6ADEF0507A7EB0D6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Award Type [Axis] </link:label>
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<link:label id="lab_us-gaap_EmployeeStockOptionMember_536D02BDD93825B179D9F0507A7E22DA_verboseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember_536D02BDD93825B179D9F0507A7E22DA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Stock Options </link:label>
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<link:label id="lab_us-gaap_RestrictedStockUnitsRSUMember_04B7BE430124523A8598F0507A7E5D8C_terseLabel_en-US" xlink:label="lab_us-gaap_RestrictedStockUnitsRSUMember_04B7BE430124523A8598F0507A7E5D8C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restricted Stock Units </link:label>
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<link:label id="lab_pnr_ShareIncentivePlansAbstract_213CA3E8CAB7E02F6D96F0507A7EFF0E_terseLabel_en-US" xlink:label="lab_pnr_ShareIncentivePlansAbstract_213CA3E8CAB7E02F6D96F0507A7EFF0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share Incentive Plans </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdditionalDisclosuresAbstract_3C2A92D6BC2C6FE48537F0507A7EAE07_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAdditionalDisclosuresAbstract_3C2A92D6BC2C6FE48537F0507A7EAE07" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract] </link:label>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_DF74D9110DCAEE4EBEBFF0507A7EF2C2_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_DF74D9110DCAEE4EBEBFF0507A7EF2C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unrecognized compensation cost related to restricted stock units </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_DF74D9110DCAEE4EBEBFF0507A7EF2C2_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions_DF74D9110DCAEE4EBEBFF0507A7EF2C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options </link:label>
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<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_4365200AB530A66B4915F0507A7ECCD3_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_4365200AB530A66B4915F0507A7ECCD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total fair value of shares vested </link:label>
<link:label id="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_4365200AB530A66B4915F0507A7ECCD3_label_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue_4365200AB530A66B4915F0507A7ECCD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value </link:label>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2ABFDDA8506ADB576413F0507A889D87_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2ABFDDA8506ADB576413F0507A889D87" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax benefit realized for tax deductions from option exercises </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2ABFDDA8506ADB576413F0507A889D87_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2ABFDDA8506ADB576413F0507A889D87" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Tax Benefit from Compensation Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense_2ABFDDA8506ADB576413F0507A889D87" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_77132FEF883D7BFF6B4FF0507A884C79_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_77132FEF883D7BFF6B4FF0507A884C79" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted average period to recognize compensation cost </link:label>
<link:label id="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_77132FEF883D7BFF6B4FF0507A884C79_label_en-US" xlink:label="lab_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_77132FEF883D7BFF6B4FF0507A884C79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1" xlink:label="loc_us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1_77132FEF883D7BFF6B4FF0507A884C79" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F_label_en-US" xlink:label="lab_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Estimated Useful Lives Of Property And Equipment [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F_documentation_en-US" xlink:label="lab_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Estimated Useful Lives of Property and Equipment [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract" xlink:label="loc_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F" xlink:to="lab_pnr_DisclosureEstimatedUsefulLivesOfPropertyAndEquipmentAbstract_3317B3E75114F3CA6BB63537CCE33B5F" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Property, Plant and Equipment [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8_label_en-US" xlink:label="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment [Table] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfPropertyPlantAndEquipmentTable" xlink:label="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8" xlink:to="lab_us-gaap_ScheduleOfPropertyPlantAndEquipmentTable_E8A256A68EFC664A3A983537CCE3E1D8" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_7EC3EF2013612E159AFC3537CCE30196_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_7EC3EF2013612E159AFC3537CCE30196" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Type [Axis] </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_7EC3EF2013612E159AFC3537CCE30196_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentByTypeAxis_7EC3EF2013612E159AFC3537CCE30196" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentByTypeAxis" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentByTypeAxis_7EC3EF2013612E159AFC3537CCE30196" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_85B2E004CCD9A9B5BB483537CCE3098A_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_85B2E004CCD9A9B5BB483537CCE3098A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Type [Domain] </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_85B2E004CCD9A9B5BB483537CCE3098A_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentTypeDomain_85B2E004CCD9A9B5BB483537CCE3098A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Type [Domain] </link:label>
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<link:label id="lab_us-gaap_LandImprovementsMember_2AD50EBEFBA812E645243537CCE3C19D_terseLabel_en-US" xlink:label="lab_us-gaap_LandImprovementsMember_2AD50EBEFBA812E645243537CCE3C19D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Land Improvements </link:label>
<link:label id="lab_us-gaap_LandImprovementsMember_2AD50EBEFBA812E645243537CCE3C19D_label_en-US" xlink:label="lab_us-gaap_LandImprovementsMember_2AD50EBEFBA812E645243537CCE3C19D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Land Improvements [Member] </link:label>
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<link:label id="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E_terseLabel_en-US" xlink:label="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Buildings and Leasehold Improvements </link:label>
<link:label id="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E_label_en-US" xlink:label="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Buildings And Leasehold Improvements [Member] </link:label>
<link:label id="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E_documentation_en-US" xlink:label="lab_pnr_BuildingsAndLeaseholdImprovementsMember_AA701A380FBBE31C41273537CCE3D53E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Buildings and Leasehold Improvements [Member] </link:label>
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<link:label id="lab_us-gaap_MachineryAndEquipmentMember_09AC235B2B7808D7414E3537CCE30F26_terseLabel_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentMember_09AC235B2B7808D7414E3537CCE30F26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Machinery and Equipment </link:label>
<link:label id="lab_us-gaap_MachineryAndEquipmentMember_09AC235B2B7808D7414E3537CCE30F26_label_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentMember_09AC235B2B7808D7414E3537CCE30F26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Machinery and Equipment [Member] </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentLineItems_526B148A5B8B419368883537CCED7D60_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentLineItems_526B148A5B8B419368883537CCED7D60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment [Line Items] </link:label>
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<link:label id="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_E9614961B9952AAFCA3B3537CCED3FAA_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentUsefulLife_E9614961B9952AAFCA3B3537CCED3FAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated Useful lives </link:label>
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<link:label id="lab_pnr_DisclosureCondensedConsolidatingStatementOfOperationsAndComprehensiveIncomeLossAbstract_AA492675105553814C4619DD7E90A1A5_label_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingStatementOfOperationsAndComprehensiveIncomeLossAbstract_AA492675105553814C4619DD7E90A1A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Condensed Consolidating Statement Of Operations And Comprehensive Income Loss [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureCondensedConsolidatingStatementOfOperationsAndComprehensiveIncomeLossAbstract_AA492675105553814C4619DD7E90A1A5_documentation_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingStatementOfOperationsAndComprehensiveIncomeLossAbstract_AA492675105553814C4619DD7E90A1A5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) [Abstract] </link:label>
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<link:label id="lab_us-gaap_ParentCompanyMember_64886A546FA56E6B7F9419DD7E90241D_verboseLabel_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_64886A546FA56E6B7F9419DD7E90241D" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Parent Company Guarantor </link:label>
<link:label id="lab_us-gaap_ParentCompanyMember_64886A546FA56E6B7F9419DD7E90241D_label_en-US" xlink:label="lab_us-gaap_ParentCompanyMember_64886A546FA56E6B7F9419DD7E90241D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Parent Company [Member] </link:label>
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<link:label id="lab_us-gaap_GuarantorSubsidiariesMember_510D9FF0BFA3857B20C319DD7E9028BE_terseLabel_en-US" xlink:label="lab_us-gaap_GuarantorSubsidiariesMember_510D9FF0BFA3857B20C319DD7E9028BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Guarantor Subsidiaries [Member] </link:label>
<link:label id="lab_us-gaap_GuarantorSubsidiariesMember_510D9FF0BFA3857B20C319DD7E9028BE_label_en-US" xlink:label="lab_us-gaap_GuarantorSubsidiariesMember_510D9FF0BFA3857B20C319DD7E9028BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Guarantor Subsidiaries [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GuarantorSubsidiariesMember" xlink:label="loc_us-gaap_GuarantorSubsidiariesMember_510D9FF0BFA3857B20C319DD7E9028BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NonGuarantorSubsidiariesMember_0A67B2F930E3ED3EC4A819DD7E906922_terseLabel_en-US" xlink:label="lab_us-gaap_NonGuarantorSubsidiariesMember_0A67B2F930E3ED3EC4A819DD7E906922" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Non-Guarantor Subsidiaries </link:label>
<link:label id="lab_us-gaap_NonGuarantorSubsidiariesMember_0A67B2F930E3ED3EC4A819DD7E906922_label_en-US" xlink:label="lab_us-gaap_NonGuarantorSubsidiariesMember_0A67B2F930E3ED3EC4A819DD7E906922" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Non-Guarantor Subsidiaries [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NonGuarantorSubsidiariesMember" xlink:label="loc_us-gaap_NonGuarantorSubsidiariesMember_0A67B2F930E3ED3EC4A819DD7E906922" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConsolidationEliminationsMember_63A3FB43551EE55B806D19DD7E90C217_terseLabel_en-US" xlink:label="lab_us-gaap_ConsolidationEliminationsMember_63A3FB43551EE55B806D19DD7E90C217" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Eliminations </link:label>
<link:label id="lab_us-gaap_ConsolidationEliminationsMember_63A3FB43551EE55B806D19DD7E90C217_label_en-US" xlink:label="lab_us-gaap_ConsolidationEliminationsMember_63A3FB43551EE55B806D19DD7E90C217" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Consolidation, Eliminations [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConsolidationEliminationsMember" xlink:label="loc_us-gaap_ConsolidationEliminationsMember_63A3FB43551EE55B806D19DD7E90C217" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CostOfGoodsSold_93E97C7C0813A7CEE87019DD7E9153CB_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfGoodsSold_93E97C7C0813A7CEE87019DD7E9153CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost of goods sold </link:label>
<link:label id="lab_us-gaap_CostOfGoodsSold_93E97C7C0813A7CEE87019DD7E9153CB_label_en-US" xlink:label="lab_us-gaap_CostOfGoodsSold_93E97C7C0813A7CEE87019DD7E9153CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost of Goods Sold </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostOfGoodsSold" xlink:label="loc_us-gaap_CostOfGoodsSold_93E97C7C0813A7CEE87019DD7E9153CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SellingGeneralAndAdministrativeExpense_80F8F4EBF22DB01437BE19DD7E91CC2B_terseLabel_en-US" xlink:label="lab_us-gaap_SellingGeneralAndAdministrativeExpense_80F8F4EBF22DB01437BE19DD7E91CC2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Selling, general and administrative </link:label>
<link:label id="lab_us-gaap_SellingGeneralAndAdministrativeExpense_80F8F4EBF22DB01437BE19DD7E91CC2B_label_en-US" xlink:label="lab_us-gaap_SellingGeneralAndAdministrativeExpense_80F8F4EBF22DB01437BE19DD7E91CC2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Selling, General and Administrative Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_SellingGeneralAndAdministrativeExpense_80F8F4EBF22DB01437BE19DD7E91CC2B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ResearchAndDevelopmentExpense_B700BE6FFF9DBEA6713019DD7E919095_terseLabel_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpense_B700BE6FFF9DBEA6713019DD7E919095" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Research and development </link:label>
<link:label id="lab_us-gaap_ResearchAndDevelopmentExpense_B700BE6FFF9DBEA6713019DD7E919095_label_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpense_B700BE6FFF9DBEA6713019DD7E919095" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Research and Development Expense </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ResearchAndDevelopmentExpense" xlink:label="loc_us-gaap_ResearchAndDevelopmentExpense_B700BE6FFF9DBEA6713019DD7E919095" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GainLossOnInvestments_97E6136DF35D4B15131C19DD7E910941_negatedLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInvestments_97E6136DF35D4B15131C19DD7E910941" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Loss (earnings) from investment in subsidiaries </link:label>
<link:label id="lab_us-gaap_GainLossOnInvestments_97E6136DF35D4B15131C19DD7E910941_label_en-US" xlink:label="lab_us-gaap_GainLossOnInvestments_97E6136DF35D4B15131C19DD7E910941" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnInvestments" xlink:label="loc_us-gaap_GainLossOnInvestments_97E6136DF35D4B15131C19DD7E910941" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GainLossOnSaleOfBusiness_D20EB538C29CE90E640A19DD7E91FF51_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnSaleOfBusiness_D20EB538C29CE90E640A19DD7E91FF51" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Loss (gain) on sale of businesses, net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnSaleOfBusiness" xlink:label="loc_us-gaap_GainLossOnSaleOfBusiness_D20EB538C29CE90E640A19DD7E91FF51" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_6C4FD39AA62E7E68731319DD7E912951_terseLabel_en-US" xlink:label="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt_6C4FD39AA62E7E68731319DD7E912951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gains (Losses) on Extinguishment of Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt_6C4FD39AA62E7E68731319DD7E912951" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherNonoperatingIncomeExpenseAbstract_49CD65812AF89BC58C2219DD7E91E083_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpenseAbstract_49CD65812AF89BC58C2219DD7E91E083" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other (income) expense: </link:label>
<link:label id="lab_us-gaap_OtherNonoperatingIncomeExpenseAbstract_49CD65812AF89BC58C2219DD7E91E083_label_en-US" xlink:label="lab_us-gaap_OtherNonoperatingIncomeExpenseAbstract_49CD65812AF89BC58C2219DD7E91E083" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Nonoperating Income (Expense) [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpenseAbstract" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpenseAbstract_49CD65812AF89BC58C2219DD7E91E083" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E239461C76AC81D4DBE719DD7E914818_negatedLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E239461C76AC81D4DBE719DD7E914818" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Equity income of unconsolidated subsidiaries </link:label>
<link:label id="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E239461C76AC81D4DBE719DD7E914818_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromEquityMethodInvestments_E239461C76AC81D4DBE719DD7E914818" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Equity Method Investments </link:label>
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<link:label id="lab_us-gaap_InterestIncomeOperating_A106499370B228377C1C19DD7E912D2B_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_A106499370B228377C1C19DD7E912D2B" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Interest income </link:label>
<link:label id="lab_us-gaap_InterestIncomeOperating_A106499370B228377C1C19DD7E912D2B_label_en-US" xlink:label="lab_us-gaap_InterestIncomeOperating_A106499370B228377C1C19DD7E912D2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Income, Operating </link:label>
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<link:label id="lab_us-gaap_InterestExpense_3F583D04F8CDBC7FD5AC19DD7E91283E_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpense_3F583D04F8CDBC7FD5AC19DD7E91283E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest expense </link:label>
<link:label id="lab_us-gaap_InterestExpense_3F583D04F8CDBC7FD5AC19DD7E91283E_label_en-US" xlink:label="lab_us-gaap_InterestExpense_3F583D04F8CDBC7FD5AC19DD7E91283E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Expense </link:label>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F88ACC34E4226A30E45319DD7E91E3AC_verboseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F88ACC34E4226A30E45319DD7E91E3AC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Income (loss) from continuing operations before income taxes and noncontrolling interest </link:label>
<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F88ACC34E4226A30E45319DD7E91E3AC_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_F88ACC34E4226A30E45319DD7E91E3AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest </link:label>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefit_5EBB982FC37E495D14F019DD7E91AFE2_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefit_5EBB982FC37E495D14F019DD7E91AFE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit) </link:label>
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<link:label id="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049_terseLabel_en-US" xlink:label="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Income (Loss) from Investment in Subsidiaries </link:label>
<link:label id="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049_label_en-US" xlink:label="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Income (Loss) from Investment in Subsidiaries </link:label>
<link:label id="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049_documentation_en-US" xlink:label="lab_pnr_DiscontinuedOperationIncomeLossfromInvestmentinSubsidiaries_352E6525E2FE70BCBE4A19DD7E924049" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Income (Loss) from Investment in Subsidiaries </link:label>
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<link:label id="lab_us-gaap_ProfitLoss_2D7A25F48EEB9C96053819DD7E9299FB_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss_2D7A25F48EEB9C96053819DD7E9299FB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) from continuing operations before noncontrolling interest </link:label>
<link:label id="lab_us-gaap_ProfitLoss_2D7A25F48EEB9C96053819DD7E9299FB_label_en-US" xlink:label="lab_us-gaap_ProfitLoss_2D7A25F48EEB9C96053819DD7E9299FB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss), Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProfitLoss" xlink:label="loc_us-gaap_ProfitLoss_2D7A25F48EEB9C96053819DD7E9299FB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_E166680E41DC928002F319DD7E929750_terseLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_E166680E41DC928002F319DD7E929750" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interest </link:label>
<link:label id="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_E166680E41DC928002F319DD7E929750_label_en-US" xlink:label="lab_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_E166680E41DC928002F319DD7E929750" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Income (Loss) Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_E166680E41DC928002F319DD7E929750" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetIncomeLoss_FA731058489B0A722A3D19DD7E926C80_totalLabel_en-US" xlink:label="lab_us-gaap_NetIncomeLoss_FA731058489B0A722A3D19DD7E926C80" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) attributable to Pentair plc </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaap_NetIncomeLoss_FA731058489B0A722A3D19DD7E926C80" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_66C068BD35C109CD2E3F19DD7E922B08_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_66C068BD35C109CD2E3F19DD7E922B08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Comprehensive income (loss), net of tax </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_66C068BD35C109CD2E3F19DD7E922B08_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_66C068BD35C109CD2E3F19DD7E922B08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] </link:label>
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<link:label id="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30_terseLabel_en-US" xlink:label="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net income (loss) before noncontrolling interest </link:label>
<link:label id="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30_label_en-US" xlink:label="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Loss From Continuing Operations Before Minority Interest </link:label>
<link:label id="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30_documentation_en-US" xlink:label="lab_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Income (Loss) from Continuing Operations before Minority Interest </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest" xlink:label="loc_pnr_IncomeLossFromContinuingOperationsBeforeMinorityInterest_23925B7CAF6D78D366B819DD7E922A30" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_70C8FA4367332AEC902219DD7E9269F0_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_70C8FA4367332AEC902219DD7E9269F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Changes in cumulative translation adjustment </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_70C8FA4367332AEC902219DD7E9269F0_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_70C8FA4367332AEC902219DD7E9269F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_70C8FA4367332AEC902219DD7E9269F0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_64E416237678F98376FD19DD7E92C911_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_64E416237678F98376FD19DD7E92C911" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of pension and other post-retirement prior service cost </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_64E416237678F98376FD19DD7E92C911_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_64E416237678F98376FD19DD7E92C911" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive (Income) Loss, Amortization Adjustment from AOCI, Pension and Other Postretirement Benefit Plans, for Net Prior Service Cost (Credit), Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_64E416237678F98376FD19DD7E92C911" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_370616A0755BEFA9EDDD19DD7E92C266_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_370616A0755BEFA9EDDD19DD7E92C266" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Changes in market value of derivative financial instruments </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_370616A0755BEFA9EDDD19DD7E92C266_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_370616A0755BEFA9EDDD19DD7E92C266" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax_370616A0755BEFA9EDDD19DD7E92C266" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4926EFCCD08E3FB1A0E419DD7E92E981_verboseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4926EFCCD08E3FB1A0E419DD7E92E981" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Total comprehensive income (loss) </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4926EFCCD08E3FB1A0E419DD7E92E981_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4926EFCCD08E3FB1A0E419DD7E92E981" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_4926EFCCD08E3FB1A0E419DD7E92E981" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_A77EF53A0C1E1C82EC3B19DD7E920CA7_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_A77EF53A0C1E1C82EC3B19DD7E920CA7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Less: Comprehensive income attributable to noncontrolling interest </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_A77EF53A0C1E1C82EC3B19DD7E920CA7_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_A77EF53A0C1E1C82EC3B19DD7E920CA7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_A77EF53A0C1E1C82EC3B19DD7E920CA7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_DDE317A3441A4E4855C519DD7E92B7B1_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_DDE317A3441A4E4855C519DD7E92B7B1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Comprehensive income (loss) attributable to Pentair plc </link:label>
<link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTax_DDE317A3441A4E4855C519DD7E92B7B1_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTax_DDE317A3441A4E4855C519DD7E92B7B1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Comprehensive Income (Loss), Net of Tax, Attributable to Parent </link:label>
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<link:label id="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_657D349E495A7CB48C0E3537CCC5798B_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock_657D349E495A7CB48C0E3537CCC5798B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Components of Accumulated Other Comprehensive Income (Loss) </link:label>
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<link:label id="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_60EA5D1D21CECF26142E3537CF3B6DCF_terseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock_60EA5D1D21CECF26142E3537CF3B6DCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and Other Identifiable Intangible Assets </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_F85700E7CAB8A24844A83537C78915B4_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanUltimateHealthCareCostTrendRate_F85700E7CAB8A24844A83537C78915B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) </link:label>
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<link:label id="lab_pnr_DisclosureBasicAndDilutedEarningsLossPerShareAbstract_4BE84D1FDC276DFC29961A12ED694852_label_en-US" xlink:label="lab_pnr_DisclosureBasicAndDilutedEarningsLossPerShareAbstract_4BE84D1FDC276DFC29961A12ED694852" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Basic And Diluted Earnings Loss Per Share [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureBasicAndDilutedEarningsLossPerShareAbstract_4BE84D1FDC276DFC29961A12ED694852_documentation_en-US" xlink:label="lab_pnr_DisclosureBasicAndDilutedEarningsLossPerShareAbstract_4BE84D1FDC276DFC29961A12ED694852" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Basic and Diluted Earnings (Loss) Per Share [Abstract] </link:label>
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<link:label id="lab_pnr_EarningsPerShareTable_1FF34A3AA3A7E0C3E8671A12ED69A27F_terseLabel_en-US" xlink:label="lab_pnr_EarningsPerShareTable_1FF34A3AA3A7E0C3E8671A12ED69A27F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Earnings Per Share [Table] </link:label>
<link:label id="lab_pnr_EarningsPerShareTable_1FF34A3AA3A7E0C3E8671A12ED69A27F_label_en-US" xlink:label="lab_pnr_EarningsPerShareTable_1FF34A3AA3A7E0C3E8671A12ED69A27F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Earnings Per Share [Table] </link:label>
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<link:label id="lab_pnr_ComputationOfEarningsPerShareLineItems_338FD09F9E3B9F5373FC1A12ED698A68_terseLabel_en-US" xlink:label="lab_pnr_ComputationOfEarningsPerShareLineItems_338FD09F9E3B9F5373FC1A12ED698A68" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Computation Of Earnings Per Share Line Items </link:label>
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<link:label id="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_277D9B94E5D512C73DD81A12ED697410_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageNumberOfSharesOutstandingAbstract_277D9B94E5D512C73DD81A12ED697410" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Weighted average common shares outstanding </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_F35F13CAF2B312BFC64E1998A96A12D8_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_F35F13CAF2B312BFC64E1998A96A12D8" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Accounts and notes receivable </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_F35F13CAF2B312BFC64E1998A96A12D8_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_F35F13CAF2B312BFC64E1998A96A12D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Receivable </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_F35F13CAF2B312BFC64E1998A96A12D8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInInventories_4C7C48A57EA54BA170BB1998A96ADA65_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_4C7C48A57EA54BA170BB1998A96ADA65" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Inventories </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInInventories_4C7C48A57EA54BA170BB1998A96ADA65_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_4C7C48A57EA54BA170BB1998A96ADA65" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Inventories </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherCurrentAssets_BD3E335E112C1375585A1998A96A8E77_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherCurrentAssets_BD3E335E112C1375585A1998A96A8E77" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other current assets </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherCurrentAssets_BD3E335E112C1375585A1998A96A8E77_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherCurrentAssets_BD3E335E112C1375585A1998A96A8E77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Current Assets </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayable_9200646B6D5C7236EA071998A96A5DAA_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayable_9200646B6D5C7236EA071998A96A5DAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts payable </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayable_9200646B6D5C7236EA071998A96A5DAA_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayable_9200646B6D5C7236EA071998A96A5DAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Accounts Payable </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_A9A289E639D0E297E66D1998A96A3AF7_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_A9A289E639D0E297E66D1998A96A3AF7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Employee compensation and benefits </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_A9A289E639D0E297E66D1998A96A3AF7_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_A9A289E639D0E297E66D1998A96A3AF7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Employee Related Liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherEmployeeRelatedLiabilities_A9A289E639D0E297E66D1998A96A3AF7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherCurrentLiabilities_153A524ED41DF1B6E5AB1998A9749895_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherCurrentLiabilities_153A524ED41DF1B6E5AB1998A9749895" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current liabilities </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherCurrentLiabilities_153A524ED41DF1B6E5AB1998A9749895_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherCurrentLiabilities_153A524ED41DF1B6E5AB1998A9749895" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Current Liabilities </link:label>
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<link:label id="lab_us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet_5378B86B38BF7F39D60B1998A974F5CD_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet_5378B86B38BF7F39D60B1998A974F5CD" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other non-current assets and liabilities </link:label>
<link:label id="lab_us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet_5378B86B38BF7F39D60B1998A974F5CD_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet_5378B86B38BF7F39D60B1998A974F5CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet_5378B86B38BF7F39D60B1998A974F5CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities, Continuing Operations </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities, Continuing Operations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_536822B6DA92259A9ACF1998A974E0A1" xlink:type="arc"/>
<link:label id="lab_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3_terseLabel_en-US" xlink:label="lab_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Provided by (Used in) Operating Activities, Discontinued Operations </link:label>
<link:label id="lab_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3_label_en-US" xlink:label="lab_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Provided by (Used in) Operating Activities, Discontinued Operations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3" xlink:to="lab_us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations_0B6CB7B5F46F7E0A953E1998A97488B3" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used for) operating activities of continuing operations </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Operating Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36" xlink:to="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_0576E0B99B3BA76979411998A9743C36" xlink:type="arc"/>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_64738DA19FEAEAABB5651998A974D2E8_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_64738DA19FEAEAABB5651998A974D2E8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_64738DA19FEAEAABB5651998A974D2E8_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_64738DA19FEAEAABB5651998A974D2E8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities [Abstract] </link:label>
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<link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_5AE6227227D8B7998DB61998A9745734_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_5AE6227227D8B7998DB61998A9745734" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Capital expenditures </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_5AE6227227D8B7998DB61998A9745734" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_3A930AD5E98EE654A9D11998A9741101_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_3A930AD5E98EE654A9D11998A9741101" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sale of property and equipment </link:label>
<link:label id="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_3A930AD5E98EE654A9D11998A9741101_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment_3A930AD5E98EE654A9D11998A9741101" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Sale of Property, Plant, and Equipment </link:label>
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<link:label id="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_A0FD9F495977FE296FAB1998A974FA64_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromDivestitureOfBusinesses_A0FD9F495977FE296FAB1998A974FA64" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from sale of businesses, net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromDivestitureOfBusinesses" xlink:label="loc_us-gaap_ProceedsFromDivestitureOfBusinesses_A0FD9F495977FE296FAB1998A974FA64" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_16F557F0C172880FAE001998A974BBE2_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_16F557F0C172880FAE001998A974BBE2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions, net of cash acquired </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_16F557F0C172880FAE001998A974BBE2_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_16F557F0C172880FAE001998A974BBE2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Businesses, Net of Cash Acquired </link:label>
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<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_704EE9A970CA107302CA1998A974BB6A_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_704EE9A970CA107302CA1998A974BB6A" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Other </link:label>
<link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_704EE9A970CA107302CA1998A974BB6A_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_704EE9A970CA107302CA1998A974BB6A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for (Proceeds from) Other Investing Activities </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_135599728724B59CE1771998A974081D_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_135599728724B59CE1771998A974081D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities, Continuing Operations </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_135599728724B59CE1771998A974081D_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_135599728724B59CE1771998A974081D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities, Continuing Operations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations_135599728724B59CE1771998A974081D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_73C37621D37BEBE1C6061998A97E5197_terseLabel_en-US" xlink:label="lab_us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_73C37621D37BEBE1C6061998A97E5197" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash Provided by (Used in) Investing Activities, Discontinued Operations </link:label>
<link:label id="lab_us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_73C37621D37BEBE1C6061998A97E5197_label_en-US" xlink:label="lab_us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_73C37621D37BEBE1C6061998A97E5197" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash Provided by (Used in) Investing Activities, Discontinued Operations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations" xlink:label="loc_us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations_73C37621D37BEBE1C6061998A97E5197" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_17D3ED48E09C856821A51998A97EEB50_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_17D3ED48E09C856821A51998A97EEB50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used for) investing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_17D3ED48E09C856821A51998A97EEB50_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_17D3ED48E09C856821A51998A97EEB50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_17D3ED48E09C856821A51998A97EEB50" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_99681E553C9E0068CA291998A97EFA59_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_99681E553C9E0068CA291998A97EFA59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Financing activities </link:label>
<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_99681E553C9E0068CA291998A97EFA59_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_99681E553C9E0068CA291998A97EFA59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_99681E553C9E0068CA291998A97EFA59" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_28653A678DB8FCB765731998A97E913E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_28653A678DB8FCB765731998A97E913E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net receipts (repayments) of short-term borrowings </link:label>
<link:label id="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_28653A678DB8FCB765731998A97E913E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_28653A678DB8FCB765731998A97E913E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from (Repayments of) Short-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromRepaymentsOfShortTermDebt" xlink:label="loc_us-gaap_ProceedsFromRepaymentsOfShortTermDebt_28653A678DB8FCB765731998A97E913E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net receipts of commercial paper and revolving long-term debt </link:label>
<link:label id="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E_label_en-US" xlink:label="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Long-term Lines of Credit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromLongTermLinesOfCredit" xlink:label="loc_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E" xlink:to="lab_us-gaap_ProceedsFromLongTermLinesOfCredit_BF6BC7907B68944524501998A97E5A0E" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_3612ACC028F052306C651998A97E74F1_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_3612ACC028F052306C651998A97E74F1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Proceeds from long-term debt </link:label>
<link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_3612ACC028F052306C651998A97E74F1_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_3612ACC028F052306C651998A97E74F1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proceeds from Issuance of Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebt" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebt_3612ACC028F052306C651998A97E74F1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_61AECED399C2E1D07D2C1998A97E2527_negatedLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_61AECED399C2E1D07D2C1998A97E2527" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Repayment of long-term debt </link:label>
<link:label id="lab_us-gaap_RepaymentsOfLongTermDebt_61AECED399C2E1D07D2C1998A97E2527_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfLongTermDebt_61AECED399C2E1D07D2C1998A97E2527" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Repayments of Long-term Debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RepaymentsOfLongTermDebt" xlink:label="loc_us-gaap_RepaymentsOfLongTermDebt_61AECED399C2E1D07D2C1998A97E2527" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_D835355B3DA3490ED8191998A97E44CC_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_D835355B3DA3490ED8191998A97E44CC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Debt issuance costs </link:label>
<link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_D835355B3DA3490ED8191998A97E44CC_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts_D835355B3DA3490ED8191998A97E44CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Debt Issuance Costs </link:label>
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<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_9A46982A4E7EE294C9DF1998A97E2E1A_terseLabel_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_9A46982A4E7EE294C9DF1998A97E2E1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Excess tax benefits from share-based compensation </link:label>
<link:label id="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_9A46982A4E7EE294C9DF1998A97E2E1A_label_en-US" xlink:label="lab_us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities_9A46982A4E7EE294C9DF1998A97E2E1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Excess Tax Benefit from Share-based Compensation, Financing Activities </link:label>
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<link:label id="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A_terseLabel_en-US" xlink:label="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shares issued to employees, net of shares withheld </link:label>
<link:label id="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A_label_en-US" xlink:label="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Service Sharebased Compensation Cash Received From Exercise Of Stock Options Net Of Shares Withheld </link:label>
<link:label id="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A_documentation_en-US" xlink:label="lab_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options Net of Shares Withheld </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld" xlink:label="loc_pnr_EmployeeServiceSharebasedCompensationCashReceivedFromExerciseOfStockOptionsNetOfSharesWithheld_6F96D21D1F0A2518DEFC1998A97E0F1A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_8BEC3658929FFDF127231998A97EF28D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_8BEC3658929FFDF127231998A97EF28D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Repurchases of ordinary shares </link:label>
<link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_8BEC3658929FFDF127231998A97EF28D_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_8BEC3658929FFDF127231998A97EF28D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments for Repurchase of Common Stock </link:label>
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<link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_C13E16F08D991F8D6BFC1998A988079D_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock_C13E16F08D991F8D6BFC1998A988079D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Dividends paid </link:label>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_DFF4DB41D0C8CC7C03251998A9884F2A_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_DFF4DB41D0C8CC7C03251998A9884F2A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Financing Activities </link:label>
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<link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_9A9B4E5D84A8588A17261998A988368F_terseLabel_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_9A9B4E5D84A8588A17261998A988368F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effect of exchange rate changes on cash and cash equivalents </link:label>
<link:label id="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_9A9B4E5D84A8588A17261998A988368F_label_en-US" xlink:label="lab_us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents_9A9B4E5D84A8588A17261998A988368F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Effect of Exchange Rate on Cash and Cash Equivalents </link:label>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7E93132C7230CE1A76621998A9880C26_totalLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7E93132C7230CE1A76621998A9880C26" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Change in cash and cash equivalents </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7E93132C7230CE1A76621998A9880C26_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease_7E93132C7230CE1A76621998A9880C26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, Period Increase (Decrease) </link:label>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_71396A72F40B13BE7B521998A99237B9_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_71396A72F40B13BE7B521998A99237B9" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Cash and cash equivalents, beginning of year </link:label>
<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_71396A72F40B13BE7B521998A99237B9_label_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_71396A72F40B13BE7B521998A99237B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash and Cash Equivalents, at Carrying Value </link:label>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_6C65C4AD0E24355D28DD1998A992D65B_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_6C65C4AD0E24355D28DD1998A992D65B" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Cash and cash equivalents, end of year </link:label>
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<link:label id="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_35DFFA51EE11AB4E2B923537CBB7FDE0_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_35DFFA51EE11AB4E2B923537CBB7FDE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental Disclosure of Cash Flow Information </link:label>
<link:label id="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_35DFFA51EE11AB4E2B923537CBB7FDE0_label_en-US" xlink:label="lab_us-gaap_ScheduleOfCashFlowSupplementalDisclosuresTableTextBlock_35DFFA51EE11AB4E2B923537CBB7FDE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Cash Flow, Supplemental Disclosures [Table Text Block] </link:label>
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<link:label id="lab_pnr_DisclosureBackgroundAndNatureOfOperationsAdditionalInformationAbstract_12053F1A629FCF46DA1A1A48191D85F4_label_en-US" xlink:label="lab_pnr_DisclosureBackgroundAndNatureOfOperationsAdditionalInformationAbstract_12053F1A629FCF46DA1A1A48191D85F4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Background And Nature Of Operations Additional Information [Abstract] </link:label>
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<link:label id="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7_terseLabel_en-US" xlink:label="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Acquisition [Table] </link:label>
<link:label id="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7_label_en-US" xlink:label="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Nature Of Business [Table] </link:label>
<link:label id="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7_documentation_en-US" xlink:label="lab_pnr_NatureOfBusinessTable_AE899673C61A7A2753711A48191DD2C7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nature Of Business [Table] </link:label>
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<link:label id="lab_us-gaap_CurrencyAxis_35F2BE36A5BB82E4AE7E1A48191D018B_terseLabel_en-US" xlink:label="lab_us-gaap_CurrencyAxis_35F2BE36A5BB82E4AE7E1A48191D018B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Currency [Axis] </link:label>
<link:label id="lab_us-gaap_CurrencyAxis_35F2BE36A5BB82E4AE7E1A48191D018B_label_en-US" xlink:label="lab_us-gaap_CurrencyAxis_35F2BE36A5BB82E4AE7E1A48191D018B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Currency [Axis] </link:label>
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<link:label id="lab_currency_AllCurrenciesDomain_E349D87660908D2B97031A48191D77AE_terseLabel_en-US" xlink:label="lab_currency_AllCurrenciesDomain_E349D87660908D2B97031A48191D77AE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> All Currencies [Domain] </link:label>
<link:label id="lab_currency_AllCurrenciesDomain_E349D87660908D2B97031A48191D77AE_label_en-US" xlink:label="lab_currency_AllCurrenciesDomain_E349D87660908D2B97031A48191D77AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> All Currencies [Domain] </link:label>
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<link:label id="lab_currency_CAD_1C788540874C202DEBBC1A48191D5466_label_en-US" xlink:label="lab_currency_CAD_1C788540874C202DEBBC1A48191D5466" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Canada, Dollars </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/currency/2014/currency-2014-01-31.xsd#currency_CAD" xlink:label="loc_currency_CAD_1C788540874C202DEBBC1A48191D5466" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeStatementLocationAxis_5C2D189347C695ABA8581A48191D62EB_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_5C2D189347C695ABA8581A48191D62EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationAxis_5C2D189347C695ABA8581A48191D62EB_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationAxis_5C2D189347C695ABA8581A48191D62EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Axis] </link:label>
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<link:label id="lab_us-gaap_IncomeStatementLocationDomain_740AA2D649F372685FC41A48191D7941_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_740AA2D649F372685FC41A48191D7941" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
<link:label id="lab_us-gaap_IncomeStatementLocationDomain_740AA2D649F372685FC41A48191D7941_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain_740AA2D649F372685FC41A48191D7941" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement Location [Domain] </link:label>
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<link:label id="lab_pnr_PentairResidentialFiltrationMember_A43CDA3ABB9D309A505E1A48191D980C_label_en-US" xlink:label="lab_pnr_PentairResidentialFiltrationMember_A43CDA3ABB9D309A505E1A48191D980C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pentair Residential Filtration [Member] </link:label>
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<link:label id="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC_terseLabel_en-US" xlink:label="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Nature Of Business [Line Items] </link:label>
<link:label id="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC_label_en-US" xlink:label="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Nature Of Business [Line Items] </link:label>
<link:label id="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC_documentation_en-US" xlink:label="lab_pnr_NatureOfBusinessLineItems_43B7B16C905E4ED7F8831A48191D56FC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Nature Of Business [Line Items] </link:label>
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<link:label id="lab_pnr_OtherAcquisitionsAbstract_8C37711DE09F484C01721A48191DD087_terseLabel_en-US" xlink:label="lab_pnr_OtherAcquisitionsAbstract_8C37711DE09F484C01721A48191DD087" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other acquisitions </link:label>
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<link:label id="lab_us-gaap_IndefinitelivedIntangibleAssetsAcquired_120D2D7BF160A7490ACD1A48191D71C8_terseLabel_en-US" xlink:label="lab_us-gaap_IndefinitelivedIntangibleAssetsAcquired_120D2D7BF160A7490ACD1A48191D71C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets Acquired </link:label>
<link:label id="lab_us-gaap_IndefinitelivedIntangibleAssetsAcquired_120D2D7BF160A7490ACD1A48191D71C8_label_en-US" xlink:label="lab_us-gaap_IndefinitelivedIntangibleAssetsAcquired_120D2D7BF160A7490ACD1A48191D71C8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets Acquired </link:label>
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<link:label id="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_D200146C28361434D5201A48191D6FBE_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill_D200146C28361434D5201A48191D6FBE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill </link:label>
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<link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_C25E1FCF4D4705F977781A48191D0BAA_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_C25E1FCF4D4705F977781A48191D0BAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual </link:label>
<link:label id="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_C25E1FCF4D4705F977781A48191D0BAA_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_C25E1FCF4D4705F977781A48191D0BAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual" xlink:label="loc_us-gaap_BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual_C25E1FCF4D4705F977781A48191D0BAA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_6E83A96A5CF93BB2F0851A48191D9DD2_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_6E83A96A5CF93BB2F0851A48191D9DD2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual" xlink:label="loc_us-gaap_BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual_6E83A96A5CF93BB2F0851A48191D9DD2" xlink:type="locator"/>
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<link:label id="lab_us-gaap_GoodwillAcquiredDuringPeriod_B29C887149EEB048A1741A48191DED1C_verboseLabel_en-US" xlink:label="lab_us-gaap_GoodwillAcquiredDuringPeriod_B29C887149EEB048A1741A48191DED1C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill, Acquired During Period </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GoodwillAcquiredDuringPeriod" xlink:label="loc_us-gaap_GoodwillAcquiredDuringPeriod_B29C887149EEB048A1741A48191DED1C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A26439D2B84B4336CB3E1A48191D61C4_terseLabel_en-US" xlink:label="lab_us-gaap_FinitelivedIntangibleAssetsAcquired1_A26439D2B84B4336CB3E1A48191D61C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-lived Intangible Assets Acquired </link:label>
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<link:label id="lab_pnr_PercentageOfOwnershipInterestAcquired_5945034392EAC9D18DAF1A48191D9427_terseLabel_en-US" xlink:label="lab_pnr_PercentageOfOwnershipInterestAcquired_5945034392EAC9D18DAF1A48191D9427" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Ownership Interest Acquired </link:label>
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<link:label id="lab_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>
<link:label id="lab_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeAxis" xlink:label="loc_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF" xlink:to="lab_us-gaap_LongtermDebtTypeAxis_5FFEE41B6624D3C9733718FD4BB818EF" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>
<link:label id="lab_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Type [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtTypeDomain" xlink:label="loc_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840" xlink:to="lab_us-gaap_LongtermDebtTypeDomain_8D4F72A5A767A196B2EA18FD4BB86840" xlink:type="arc"/>
<link:label id="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF_terseLabel_en-US" xlink:label="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed Rate </link:label>
<link:label id="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF_label_en-US" xlink:label="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fixed Rate Debt [Member] </link:label>
<link:label id="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF_documentation_en-US" xlink:label="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fixed Rate Debt [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FixedRateDebtMember" xlink:label="loc_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:to="lab_pnr_FixedRateDebtMember_5DE813B5FBE72F9476F418FD4BB836EF" xlink:type="arc"/>
<link:label id="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F_terseLabel_en-US" xlink:label="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Floating Rate </link:label>
<link:label id="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F_label_en-US" xlink:label="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floating Rate Debt [Member] </link:label>
<link:label id="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F_documentation_en-US" xlink:label="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Floating Rate Debt [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FloatingRateDebtMember" xlink:label="loc_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:to="lab_pnr_FloatingRateDebtMember_16EB7D04699ACA021CA318FD4BB8437F" xlink:type="arc"/>
<link:label id="lab_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B_terseLabel_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Senior Notes </link:label>
<link:label id="lab_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B_label_en-US" xlink:label="lab_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Senior Notes [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SeniorNotesMember" xlink:label="loc_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B" xlink:to="lab_us-gaap_SeniorNotesMember_53E9856A97FCCD18BC0118FD4BB81D5B" xlink:type="arc"/>
<link:label id="lab_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Lender Name [Axis] </link:label>
<link:label id="lab_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Lender Name [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityAxis" xlink:label="loc_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0" xlink:to="lab_us-gaap_LineOfCreditFacilityAxis_8E60242B90BB84C3025618FD4BB891F0" xlink:type="arc"/>
<link:label id="lab_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Line of Credit Facility, Lender [Domain] </link:label>
<link:label id="lab_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Line of Credit Facility, Lender [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityLenderDomain" xlink:label="loc_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080" xlink:to="lab_us-gaap_LineOfCreditFacilityLenderDomain_0FBCFBF9728DCDDD274A18FD4BB88080" xlink:type="arc"/>
<link:label id="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE_terseLabel_en-US" xlink:label="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit Facility </link:label>
<link:label id="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE_label_en-US" xlink:label="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Credit Facility [Member] </link:label>
<link:label id="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE_documentation_en-US" xlink:label="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Credit Facility [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_CreditFacilityMember" xlink:label="loc_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:to="lab_pnr_CreditFacilityMember_B71ABD7E8B02E4ECD50518FD4BB8A6DE" xlink:type="arc"/>
<link:label id="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442_terseLabel_en-US" xlink:label="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Credit Facilities </link:label>
<link:label id="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442_label_en-US" xlink:label="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Credit Facilities [Member] </link:label>
<link:label id="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442_documentation_en-US" xlink:label="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Credit Facilities [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherCreditFacilitiesMember" xlink:label="loc_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:to="lab_pnr_OtherCreditFacilitiesMember_7C7FFD66CF1669226DE218FD4BB86442" xlink:type="arc"/>
<link:label id="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6_terseLabel_en-US" xlink:label="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pentair Middle East Holding S.a.r.l. </link:label>
<link:label id="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6_label_en-US" xlink:label="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pentair Middle East Holding S.a.r.l. [Member] </link:label>
<link:label id="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6_documentation_en-US" xlink:label="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pentair Middle East Holding S.a.r.l. [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PentairMiddleEastHoldingS.a.r.l.Member" xlink:label="loc_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:to="lab_pnr_PentairMiddleEastHoldingS.a.r.l.Member_24A5A8DA54BB3E97779C18FD4BB896B6" xlink:type="arc"/>
<link:label id="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919_terseLabel_en-US" xlink:label="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> CPT </link:label>
<link:label id="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919_label_en-US" xlink:label="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Clean Process Technologies [Member] </link:label>
<link:label id="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919_documentation_en-US" xlink:label="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Clean Process Technologies [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_CleanProcessTechnologiesMember" xlink:label="loc_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:to="lab_pnr_CleanProcessTechnologiesMember_FAFDBD013C934C6DAB1D18FD4BB8C919" xlink:type="arc"/>
<link:label id="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78_terseLabel_en-US" xlink:label="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Disclosure [Line Items] </link:label>
<link:label id="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78_label_en-US" xlink:label="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Disclosure [Line Items] </link:label>
<link:label id="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78_documentation_en-US" xlink:label="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Disclosure [Line Items] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DebtDisclosureLineItems" xlink:label="loc_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:to="lab_pnr_DebtDisclosureLineItems_AF60803CA516DC4518D118FD4BB89B78" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907_terseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, Weighted Average Interest Rate </link:label>
<link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907_label_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt, Weighted Average Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_DE1A3F5EEE80EBF16E3018FD4BB8A907" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate principal amount </link:label>
<link:label id="lab_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Face Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentFaceAmount" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount_C5B08A20C306562279E718FD4BB8C720" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, interest rate </link:label>
<link:label id="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Interest Rate, Stated Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentInterestRateStatedPercentage" xlink:label="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD" xlink:to="lab_us-gaap_DebtInstrumentInterestRateStatedPercentage_DBE8F80CAD8DBACF979E18FD4BB8AADD" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt transaction cost paid </link:label>
<link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments of Debt Extinguishment Costs </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsOfDebtExtinguishmentCosts" xlink:label="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55" xlink:to="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_79F7A2B02573560857F318FD4BB88B55" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate principal amount </link:label>
<link:label id="lab_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentCarryingAmount" xlink:label="loc_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5" xlink:to="lab_us-gaap_DebtInstrumentCarryingAmount_2A5619C9D2E478FE798018FD4BB815F5" xlink:type="arc"/>
<link:label id="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E_terseLabel_en-US" xlink:label="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Outstanding aggregate principal </link:label>
<link:label id="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E_label_en-US" xlink:label="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Amount Outstanding </link:label>
<link:label id="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E_documentation_en-US" xlink:label="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument Amount Outstanding </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DebtInstrumentAmountOutstanding" xlink:label="loc_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:to="lab_pnr_DebtInstrumentAmountOutstanding_CA711744BE1CCBE5D5CD18FD4BB8A57E" xlink:type="arc"/>
<link:label id="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99_terseLabel_en-US" xlink:label="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Floating rate notes </link:label>
<link:label id="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99_label_en-US" xlink:label="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Floating Interest Rate Base Rate </link:label>
<link:label id="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99_documentation_en-US" xlink:label="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Floating Interest Rate, Base Rate </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FloatingInterestRateBaseRate" xlink:label="loc_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:to="lab_pnr_FloatingInterestRateBaseRate_C9AA0D78E412AB65C97218FD4BB82A99" xlink:type="arc"/>
<link:label id="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A_terseLabel_en-US" xlink:label="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Redemption value </link:label>
<link:label id="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A_label_en-US" xlink:label="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notes Called For Redemption Carrying Value Of Notes Converted </link:label>
<link:label id="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A_documentation_en-US" xlink:label="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notes Called For Redemption Carrying Value Of Notes Converted </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted" xlink:label="loc_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:to="lab_pnr_NotesCalledForRedemptionCarryingValueOfNotesConverted_78A482B160B30313D2E918FD4BB86B4A" xlink:type="arc"/>
<link:label id="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5_terseLabel_en-US" xlink:label="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Whole premium amount </link:label>
<link:label id="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5_label_en-US" xlink:label="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Premium </link:label>
<link:label id="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5_documentation_en-US" xlink:label="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument Premium </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DebtInstrumentPremium" xlink:label="loc_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:to="lab_pnr_DebtInstrumentPremium_5C3E90041C1862ED272218FD4BB8B8B5" xlink:type="arc"/>
<link:label id="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B_terseLabel_en-US" xlink:label="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Terminate related interest rate swaps </link:label>
<link:label id="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B_label_en-US" xlink:label="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Terminated Interest Rate Swap Contracts </link:label>
<link:label id="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B_documentation_en-US" xlink:label="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Terminated Interest Rate Swap Contracts </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TerminatedInterestRateSwapContracts" xlink:label="loc_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:to="lab_pnr_TerminatedInterestRateSwapContracts_BC2E4E7CE7545CE52B2C18FD4BB8BE2B" xlink:type="arc"/>
<link:label id="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4_terseLabel_en-US" xlink:label="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Unamortized deferred financing costs </link:label>
<link:label id="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4_label_en-US" xlink:label="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unamortized Deferred Finance Costs </link:label>
<link:label id="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4_documentation_en-US" xlink:label="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Unamortized Deferred Finance Costs </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_UnamortizedDeferredFinanceCosts" xlink:label="loc_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:to="lab_pnr_UnamortizedDeferredFinanceCosts_9CAE1BC68A85A28F0EC518FD4BB8CDF4" xlink:type="arc"/>
<link:label id="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5_terseLabel_en-US" xlink:label="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt instrument proceeds used to repay amounts of other debt </link:label>
<link:label id="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5_label_en-US" xlink:label="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Proceeds Used To Repay Amounts Of Other Debt </link:label>
<link:label id="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5_documentation_en-US" xlink:label="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Proceeds used to Repay Amounts of Other Debt </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt" xlink:label="loc_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:to="lab_pnr_DebtInstrumentProceedsUsedToRepayAmountsOfOtherDebt_E47BB84BF30F9D1E0ADA18FD4BB889D5" xlink:type="arc"/>
<link:label id="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B_terseLabel_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Facility Fees, minimum </link:label>
<link:label id="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B_label_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Facility Fee Basis Points Minimum </link:label>
<link:label id="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B_documentation_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Facility Fee Basis Points Minimum </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FacilityFeeBasisPointsMinimum" xlink:label="loc_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:to="lab_pnr_FacilityFeeBasisPointsMinimum_CFFC44525E3F7FF926CF18FD4BB8913B" xlink:type="arc"/>
<link:label id="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453_terseLabel_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Facility Fees, maximum </link:label>
<link:label id="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453_label_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Facility Fee Basis Points Maximum </link:label>
<link:label id="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453_documentation_en-US" xlink:label="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Facility Fee Basis Points Maximum </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FacilityFeeBasisPointsMaximum" xlink:label="loc_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:to="lab_pnr_FacilityFeeBasisPointsMaximum_6EBE912FC3CBB68221CA18FD4BB80453" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial paper outstanding </link:label>
<link:label id="lab_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E_label_en-US" xlink:label="lab_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Paper </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommercialPaper" xlink:label="loc_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E" xlink:to="lab_us-gaap_CommercialPaper_20D3E216ADB5E2AEF84E18FD4BB8E94E" xlink:type="arc"/>
<link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining availability under Credit Facility </link:label>
<link:label id="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Line of Credit Facility, Remaining Borrowing Capacity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29" xlink:to="lab_us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity_C177AF7BD1F0FC5E987F18FD4BB86C29" xlink:type="arc"/>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash paid </link:label>
<link:label id="lab_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Payments to Acquire Businesses, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PaymentsToAcquireBusinessesGross" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714" xlink:to="lab_us-gaap_PaymentsToAcquireBusinessesGross_23B9365E9BCB1384FBD118FD4BB84714" xlink:type="arc"/>
<link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Credit facility maximum borrowing capacity </link:label>
<link:label id="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8_label_en-US" xlink:label="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Line of Credit Facility, Maximum Borrowing Capacity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity" xlink:label="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8" xlink:to="lab_us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity_094282DA00A90A8A2F5D18FD4BB8A2A8" xlink:type="arc"/>
<link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22_terseLabel_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost and expenses incurred in connection with acquisition </link:label>
<link:label id="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22_label_en-US" xlink:label="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Business Combination, Acquisition Related Costs </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22" xlink:to="lab_us-gaap_BusinessCombinationAcquisitionRelatedCosts_0CF3F006DD9D1249332818FD4BB89F22" xlink:type="arc"/>
<link:label id="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D_terseLabel_en-US" xlink:label="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt agreement financial covenant, leverage ratio </link:label>
<link:label id="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D_label_en-US" xlink:label="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Leverage Ratio </link:label>
<link:label id="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D_documentation_en-US" xlink:label="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Leverage Ratio </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_LeverageRatio" xlink:label="loc_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:to="lab_pnr_LeverageRatio_200C06EF0660F7E5E2EF18FD4BB8895D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Compliance with debt agreement financial covenants </link:label>
<link:label id="lab_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Covenant Compliance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtInstrumentCovenantCompliance" xlink:label="loc_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6" xlink:to="lab_us-gaap_DebtInstrumentCovenantCompliance_8CE741BFFADE478CEE7518FD4BB891B6" xlink:type="arc"/>
<link:label id="lab_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C_terseLabel_en-US" xlink:label="lab_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Line of credit facility, amount outstanding </link:label>
<link:label id="lab_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C_label_en-US" xlink:label="lab_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Line of Credit </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LineOfCredit" xlink:label="loc_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C" xlink:to="lab_us-gaap_LineOfCredit_0224A88538B718510B7F18FD4BB8497C" xlink:type="arc"/>
<link:label id="lab_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital lease obligation cost </link:label>
<link:label id="lab_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88_label_en-US" xlink:label="lab_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Leased Assets, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasedAssetsGross" xlink:label="loc_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88" xlink:to="lab_us-gaap_CapitalLeasedAssetsGross_14CF57FAB28E12EF50CD18FD4BB8BC88" xlink:type="arc"/>
<link:label id="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0_terseLabel_en-US" xlink:label="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated amortization </link:label>
<link:label id="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0_label_en-US" xlink:label="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Amortization Property Under Capital Lease </link:label>
<link:label id="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0_documentation_en-US" xlink:label="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> The cumulative amount of amortization (related to property under capital lease) that has been recognized in the income statement. </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_AccumulatedAmortizationPropertyUnderCapitalLease" xlink:label="loc_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:to="lab_pnr_AccumulatedAmortizationPropertyUnderCapitalLease_BA16D943C670EF31B94018FD4BB8B9A0" xlink:type="arc"/>
<link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future minimum lease payments </link:label>
<link:label id="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E_label_en-US" xlink:label="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Leases, Future Minimum Payments Due </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CapitalLeasesFutureMinimumPaymentsDue" xlink:label="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E" xlink:to="lab_us-gaap_CapitalLeasesFutureMinimumPaymentsDue_2843A483000D5161E3FB18FD4BB8268E" xlink:type="arc"/>
<link:label id="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest_76C615B58FC2538C8B6E18FD4BB803C7_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest_76C615B58FC2538C8B6E18FD4BB803C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Imputed interest </link:label>
<link:label id="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest_76C615B58FC2538C8B6E18FD4BB803C7_label_en-US" xlink:label="lab_us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest_76C615B58FC2538C8B6E18FD4BB803C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrecorded Unconditional Purchase Obligation, Imputed Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest" xlink:label="loc_us-gaap_UnrecordedUnconditionalPurchaseObligationImputedInterest_76C615B58FC2538C8B6E18FD4BB803C7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522_terseLabel_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt, Long-term and Short-term, Combined Amount </link:label>
<link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522_label_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt, Long-term and Short-term, Combined Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522" xlink:to="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_587424E1878E7DD7942A18FD4BB84522" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract_F2DDBDCFBA0309A4AA2C19D6F5D64026_label_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract_F2DDBDCFBA0309A4AA2C19D6F5D64026" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Condensed Consolidating Balance Sheet [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract_F2DDBDCFBA0309A4AA2C19D6F5D64026_documentation_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract_F2DDBDCFBA0309A4AA2C19D6F5D64026" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Condensed Consolidating Balance Sheet [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract" xlink:label="loc_pnr_DisclosureCondensedConsolidatingBalanceSheetAbstract_F2DDBDCFBA0309A4AA2C19D6F5D64026" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsAbstract_24B771EE66EC7261343519D6F5D68676_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_24B771EE66EC7261343519D6F5D68676" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Assets </link:label>
<link:label id="lab_us-gaap_AssetsAbstract_24B771EE66EC7261343519D6F5D68676_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_24B771EE66EC7261343519D6F5D68676" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_24B771EE66EC7261343519D6F5D68676" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AssetsCurrentAbstract_C81DB1213194AA32E3B819D6F5D6E8BE_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_C81DB1213194AA32E3B819D6F5D6E8BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current assets </link:label>
<link:label id="lab_us-gaap_AssetsCurrentAbstract_C81DB1213194AA32E3B819D6F5D6E8BE_label_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_C81DB1213194AA32E3B819D6F5D6E8BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Current [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="loc_us-gaap_AssetsCurrentAbstract_C81DB1213194AA32E3B819D6F5D6E8BE" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_25521B8670F43A2F0B7119D6F5D6D200_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_25521B8670F43A2F0B7119D6F5D6D200" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash and cash equivalents </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_25521B8670F43A2F0B7119D6F5D6D200" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_25521B8670F43A2F0B7119D6F5D6D200" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_25521B8670F43A2F0B7119D6F5D6D200" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accounts and notes receivable, net </link:label>
<link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907_label_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts and Notes Receivable, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccountsAndNotesReceivableNet" xlink:label="loc_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907" xlink:to="lab_us-gaap_AccountsAndNotesReceivableNet_FB44864F3EE225B8D41019D6F5D62907" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Inventories </link:label>
<link:label id="lab_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C_label_en-US" xlink:label="lab_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C" xlink:to="lab_us-gaap_InventoryNet_B765A6A8B75A77E12D3519D6F5D66D6C" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current assets </link:label>
<link:label id="lab_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48_label_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48" xlink:to="lab_us-gaap_OtherAssetsCurrent_338AE8D06000679B4D6119D6F5D6FF48" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Assets, Current </link:label>
<link:label id="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19_label_en-US" xlink:label="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Assets, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19" xlink:to="lab_us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent_CA4733E33FAF5C87A3D419D6F5D6ED19" xlink:type="arc"/>
<link:label id="lab_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total current assets </link:label>
<link:label id="lab_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Assets, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840" xlink:to="lab_us-gaap_AssetsCurrent_1CD26BA752525BE2D71619D6F5D69840" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, plant and equipment, net </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_8C40892844BFB99F3A6519D6F5D6A8EB" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other assets </link:label>
<link:label id="lab_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Noncurrent [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrentAbstract" xlink:label="loc_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332" xlink:to="lab_us-gaap_OtherAssetsNoncurrentAbstract_46AF0CB305CB8A5C487719D6F5D6F332" xlink:type="arc"/>
<link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062_terseLabel_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments in subsidiaries </link:label>
<link:label id="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062_label_en-US" xlink:label="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Investments in and Advances to Affiliates, Amount of Equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity" xlink:label="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062" xlink:to="lab_us-gaap_InvestmentsInAndAdvancesToAffiliatesAmountOfEquity_E017F45EE05DF392359719D6F5D6B062" xlink:type="arc"/>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intangibles, net </link:label>
<link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intangible Assets, Net (Excluding Goodwill) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_941A7B0499F97BEE5AA619D6F5D6C034" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other non-current assets </link:label>
<link:label id="lab_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD_label_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD" xlink:to="lab_us-gaap_OtherAssetsNoncurrent_E34533E115A475986ED019D6F5D6FDAD" xlink:type="arc"/>
<link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_5BE6854C030A26FDE79119D6F5D69CCE_terseLabel_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_5BE6854C030A26FDE79119D6F5D69CCE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Assets, Noncurrent </link:label>
<link:label id="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_5BE6854C030A26FDE79119D6F5D69CCE_label_en-US" xlink:label="lab_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_5BE6854C030A26FDE79119D6F5D69CCE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Assets, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent" xlink:label="loc_us-gaap_DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent_5BE6854C030A26FDE79119D6F5D69CCE" xlink:type="locator"/>
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<link:label id="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E_totalLabel_en-US" xlink:label="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other assets </link:label>
<link:label id="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E_label_en-US" xlink:label="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Total Other Assets </link:label>
<link:label id="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E_documentation_en-US" xlink:label="lab_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Total Other Assets </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TotalOtherAssets" xlink:label="loc_pnr_TotalOtherAssets_3A86190BB83372ED3A3619D6F5D6AD5E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_Assets_563B39373638C723EC2519D6F5D66962_terseLabel_en-US" xlink:label="lab_us-gaap_Assets_563B39373638C723EC2519D6F5D66962" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaap_Assets_563B39373638C723EC2519D6F5D66962" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Assets_563B39373638C723EC2519D6F5D66962" xlink:to="lab_us-gaap_Assets_563B39373638C723EC2519D6F5D66962" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EEDE7D1E86E6D456E18F19D6F5D688FC_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EEDE7D1E86E6D456E18F19D6F5D688FC" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities and Shareholders' Equity </link:label>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EEDE7D1E86E6D456E18F19D6F5D688FC_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EEDE7D1E86E6D456E18F19D6F5D688FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract_EEDE7D1E86E6D456E18F19D6F5D688FC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_4269509A048E1D0D7BDE19D6F5D6B1B9_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_4269509A048E1D0D7BDE19D6F5D6B1B9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_4269509A048E1D0D7BDE19D6F5D6B1B9_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_4269509A048E1D0D7BDE19D6F5D6B1B9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Current [Abstract] </link:label>
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<link:label id="lab_us-gaap_LongTermDebtCurrent_91C8BFC45B04B1F33C6119D6F5D62CB5_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_91C8BFC45B04B1F33C6119D6F5D62CB5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current maturities of long-term debt and short-term borrowings </link:label>
<link:label id="lab_us-gaap_LongTermDebtCurrent_91C8BFC45B04B1F33C6119D6F5D62CB5_label_en-US" xlink:label="lab_us-gaap_LongTermDebtCurrent_91C8BFC45B04B1F33C6119D6F5D62CB5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Current Maturities </link:label>
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<link:label id="lab_us-gaap_AccountsPayableCurrent_69882F7993E91E6BB3B919D6F5D670FC_label_en-US" xlink:label="lab_us-gaap_AccountsPayableCurrent_69882F7993E91E6BB3B919D6F5D670FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accounts Payable, Current </link:label>
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<link:label id="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_658218351D828E449C3819D6F5D6D251_label_en-US" xlink:label="lab_us-gaap_EmployeeRelatedLiabilitiesCurrent_658218351D828E449C3819D6F5D6D251" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee-related Liabilities, Current </link:label>
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<link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrent_3C4F03E1A1AF7528D0E519D6F5D6DCF8_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrent_3C4F03E1A1AF7528D0E519D6F5D6DCF8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current liabilities </link:label>
<link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrent_3C4F03E1A1AF7528D0E519D6F5D6DCF8_label_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrent_3C4F03E1A1AF7528D0E519D6F5D6DCF8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Accrued Liabilities, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrent" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrent_3C4F03E1A1AF7528D0E519D6F5D6DCF8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_051B11DB6FC23F73EAC519D6F5D635B7_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_051B11DB6FC23F73EAC519D6F5D635B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Liabilities, Current </link:label>
<link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_051B11DB6FC23F73EAC519D6F5D635B7_label_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_051B11DB6FC23F73EAC519D6F5D635B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Liabilities, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent" xlink:label="loc_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent_051B11DB6FC23F73EAC519D6F5D635B7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesCurrent_A14B551C0529BED3209C19D6F5D6FCC4_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_A14B551C0529BED3209C19D6F5D6FCC4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total current liabilities </link:label>
<link:label id="lab_us-gaap_LiabilitiesCurrent_A14B551C0529BED3209C19D6F5D6FCC4_label_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrent_A14B551C0529BED3209C19D6F5D6FCC4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities, Current </link:label>
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<link:label id="lab_us-gaap_OtherLiabilitiesNoncurrentAbstract_08FC22CEE44C6CB9905619D6F5D6A144_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrentAbstract_08FC22CEE44C6CB9905619D6F5D6A144" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other liabilities </link:label>
<link:label id="lab_us-gaap_OtherLiabilitiesNoncurrentAbstract_08FC22CEE44C6CB9905619D6F5D6A144_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrentAbstract_08FC22CEE44C6CB9905619D6F5D6A144" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Noncurrent [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherLiabilitiesNoncurrentAbstract" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrentAbstract_08FC22CEE44C6CB9905619D6F5D6A144" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtNoncurrent_DB7EC204B091D19D1CF619D6F5D66C48_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_DB7EC204B091D19D1CF619D6F5D66C48" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long-term debt </link:label>
<link:label id="lab_us-gaap_LongTermDebtNoncurrent_DB7EC204B091D19D1CF619D6F5D66C48_label_en-US" xlink:label="lab_us-gaap_LongTermDebtNoncurrent_DB7EC204B091D19D1CF619D6F5D66C48" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Excluding Current Maturities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtNoncurrent" xlink:label="loc_us-gaap_LongTermDebtNoncurrent_DB7EC204B091D19D1CF619D6F5D66C48" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_8FD453C0F5A70311CCBA19D6F5D628E5_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_8FD453C0F5A70311CCBA19D6F5D628E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension and other post-retirement compensation and benefits </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_8FD453C0F5A70311CCBA19D6F5D628E5_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_8FD453C0F5A70311CCBA19D6F5D628E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Defined Benefit Plans, Liabilities, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent" xlink:label="loc_us-gaap_PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent_8FD453C0F5A70311CCBA19D6F5D628E5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_007AF2D373994A703DD619D6F5D60613_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_007AF2D373994A703DD619D6F5D60613" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred tax liabilities </link:label>
<link:label id="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_007AF2D373994A703DD619D6F5D60613_label_en-US" xlink:label="lab_us-gaap_DeferredTaxLiabilitiesNoncurrent_007AF2D373994A703DD619D6F5D60613" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Tax Liabilities, Net, Noncurrent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxLiabilitiesNoncurrent" xlink:label="loc_us-gaap_DeferredTaxLiabilitiesNoncurrent_007AF2D373994A703DD619D6F5D60613" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherLiabilitiesNoncurrent_BEBF16D9C90460B346F419D6F5D6CCB0_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesNoncurrent_BEBF16D9C90460B346F419D6F5D6CCB0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other non-current liabilities </link:label>
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<link:label id="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent_A5FBB08F75BBCF20F93719D6F5D6A1C9_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent_A5FBB08F75BBCF20F93719D6F5D6A1C9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_E6AA43000E8394B866D619D6F5D63064_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract_E6AA43000E8394B866D619D6F5D63064" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity </link:label>
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<link:label id="lab_us-gaap_StockholdersEquity_69A5720423CCAE9EE2F919D6F5D62FCA_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity_69A5720423CCAE9EE2F919D6F5D62FCA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Parent </link:label>
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<link:label id="lab_us-gaap_MinorityInterest_3D9B535F1FA5209737DC19D6F5D6A1F5_terseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterest_3D9B535F1FA5209737DC19D6F5D6A1F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interest </link:label>
<link:label id="lab_us-gaap_MinorityInterest_3D9B535F1FA5209737DC19D6F5D6A1F5_label_en-US" xlink:label="lab_us-gaap_MinorityInterest_3D9B535F1FA5209737DC19D6F5D6A1F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity Attributable to Noncontrolling Interest </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7F33759D50C801F264C519D6F5E51EAB_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7F33759D50C801F264C519D6F5E51EAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total equity </link:label>
<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7F33759D50C801F264C519D6F5E51EAB_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7F33759D50C801F264C519D6F5E51EAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_7F33759D50C801F264C519D6F5E51EAB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_66EF345F98F27A82B63719D6F5E506F5_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_66EF345F98F27A82B63719D6F5E506F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities and equity </link:label>
<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_66EF345F98F27A82B63719D6F5E506F5_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_66EF345F98F27A82B63719D6F5E506F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>
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<link:label id="lab_pnr_DisclosureDetailOfIdentifiableIntangibleAssetsAbstract_F5937A47AF553F67A4F15ED5C35C557B_label_en-US" xlink:label="lab_pnr_DisclosureDetailOfIdentifiableIntangibleAssetsAbstract_F5937A47AF553F67A4F15ED5C35C557B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Detail Of Identifiable Intangible Assets [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureDetailOfIdentifiableIntangibleAssetsAbstract_F5937A47AF553F67A4F15ED5C35C557B_documentation_en-US" xlink:label="lab_pnr_DisclosureDetailOfIdentifiableIntangibleAssetsAbstract_F5937A47AF553F67A4F15ED5C35C557B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Detail of Identifiable Intangible Assets [Abstract] </link:label>
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<link:label id="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C_terseLabel_en-US" xlink:label="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Acquired Intangible Assets by Major Class [Table] </link:label>
<link:label id="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C_label_en-US" xlink:label="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Acquired Intangible Assets By Major Class [Table] </link:label>
<link:label id="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C_documentation_en-US" xlink:label="lab_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Acquired Intangible Assets by Major Class [Table] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable" xlink:label="loc_pnr_ScheduleOfAcquiredIntangibleAssetsByMajorClassTable_D4699F4F54B808D301EE5ED5C35CE37C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_0517D8A7E439EE6F8A915ED5C35C4AA0_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_0517D8A7E439EE6F8A915ED5C35C4AA0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_0517D8A7E439EE6F8A915ED5C35C4AA0_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_0517D8A7E439EE6F8A915ED5C35C4AA0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets by Major Class [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsByMajorClassAxis_0517D8A7E439EE6F8A915ED5C35C4AA0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_12A34A52D52CDD164D8D5ED5C35C7111_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_12A34A52D52CDD164D8D5ED5C35C7111" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_12A34A52D52CDD164D8D5ED5C35C7111_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_12A34A52D52CDD164D8D5ED5C35C7111" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Major Class Name [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsMajorClassNameDomain_12A34A52D52CDD164D8D5ED5C35C7111" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer relationships </link:label>
<link:label id="lab_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129_label_en-US" xlink:label="lab_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Customer Relationships [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CustomerRelationshipsMember" xlink:label="loc_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129" xlink:to="lab_us-gaap_CustomerRelationshipsMember_D427E7D6822CD2AABA4E5ED5C35C0129" xlink:type="arc"/>
<link:label id="lab_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711_verboseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Trade names </link:label>
<link:label id="lab_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711_label_en-US" xlink:label="lab_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trade Names [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711" xlink:to="lab_us-gaap_TradeNamesMember_79516ADA9B5DE4FBC7B45ED5C35CE711" xlink:type="arc"/>
<link:label id="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915_verboseLabel_en-US" xlink:label="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Proprietary technology and patents </link:label>
<link:label id="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915_label_en-US" xlink:label="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Proprietary Technology [Member] </link:label>
<link:label id="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915_documentation_en-US" xlink:label="lab_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Proprietary Technology [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ProprietaryTechnologyMember" xlink:label="loc_pnr_ProprietaryTechnologyMember_E281EED053FB348F15125ED5C35CC915" xlink:type="locator"/>
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<link:label id="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB_terseLabel_en-US" xlink:label="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquired Intangible Assets by Major Class [Line Items] </link:label>
<link:label id="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB_label_en-US" xlink:label="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Acquired Intangible Assets By Major Class [Line Items] </link:label>
<link:label id="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB_documentation_en-US" xlink:label="lab_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Acquired Intangible Assets by Major Class [Line Items] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_AcquiredIntangibleAssetsByMajorClassLineItems" xlink:label="loc_pnr_AcquiredIntangibleAssetsByMajorClassLineItems_4AA8C02EC13C762282065ED5C35C36BB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE1E088A22B6A3A00F665ED5C35CA012_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsGross_EE1E088A22B6A3A00F665ED5C35CA012" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finite-life intangibles, cost </link:label>
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<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_D5858EBFA81C071B28455ED5C35CA6E4_negatedLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_D5858EBFA81C071B28455ED5C35CA6E4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Accumulated amortization </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAccumulatedAmortization_D5858EBFA81C071B28455ED5C35CA6E4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_IncomeStatementAbstract_82C6A0011127D6CEC5291A08D909A0CB_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract_82C6A0011127D6CEC5291A08D909A0CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Statement [Abstract] </link:label>
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<link:label id="lab_us-gaap_OperatingIncomeLoss_81912C786651D509A56E1A08D90C3AC1_totalLabel_en-US" xlink:label="lab_us-gaap_OperatingIncomeLoss_81912C786651D509A56E1A08D90C3AC1" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Operating income </link:label>
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<link:label id="lab_us-gaap_InvestmentIncomeInterest_805CDC4043DC718430C11A08D90DACA2_negatedLabel_en-US" xlink:label="lab_us-gaap_InvestmentIncomeInterest_805CDC4043DC718430C11A08D90DACA2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Interest income </link:label>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3151710D7A7FEB24541C1A08D90D72A5_totalLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_3151710D7A7FEB24541C1A08D90D72A5" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Income from continuing operations before income taxes and noncontrolling interest </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_082444628F6F7A800C7E1A08D90DAB7D_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax_082444628F6F7A800C7E1A08D90DAB7D" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Amortization of pension and other post-retirement prior service cost, net of $0, $0 and $0.2 tax, respectively </link:label>
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<link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_5EE17F11E185929BE0B35E5FDFABA715_terseLabel_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_5EE17F11E185929BE0B35E5FDFABA715" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Post-retirement </link:label>
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<link:label id="lab_pnr_InternationalEquitySecuritiesMember_A284F33ADEA488319EDF6DFDA132C82C_terseLabel_en-US" xlink:label="lab_pnr_InternationalEquitySecuritiesMember_A284F33ADEA488319EDF6DFDA132C82C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> International Equity Securities </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_2454564284E420394B9B3537C8E7B2EE_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax_2454564284E420394B9B3537C8E7B2EE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amortization of pension and other post-retirement prior service cost, tax </link:label>
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<link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_9CCF3CA915C8ABC93C26EAC8FCC2FCED_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic_9CCF3CA915C8ABC93C26EAC8FCC2FCED" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Federal </link:label>
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<link:label id="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_64D03B90FA68D4115BC33537CC9D4D93_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtInstrumentsTextBlock_64D03B90FA68D4115BC33537CC9D4D93" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments </link:label>
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<link:label id="lab_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2_label_en-US" xlink:label="lab_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Pension Plans With Accumulated Benefit Obligation Or Projected Benefit Obligation In Excess Of Plan Assets [Abstract] </link:label>
<link:label id="lab_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2_documentation_en-US" xlink:label="lab_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Pension Plans with Accumulated Benefit Obligation or Projected Benefit Obligation in Excess of Plan Assets [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract" xlink:label="loc_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2" xlink:to="lab_pnr_DisclosurePensionPlansWithAccumulatedBenefitObligationOrProjectedBenefitObligationInExcessOfPlanAssetsAbstract_93728EB45465B44767EB5E6B490F8AD2" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plans with a projected benefit obligation in excess of plan assets: </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129" xlink:to="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAbstract_0096582AC405FE6482305E6B490FC129" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Projected benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E" xlink:to="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation_4D78FD5E1F6019B537DA5E6B490F1A2E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631" xlink:to="lab_us-gaap_DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_6DC112C4F2B7FC2C4EE05E6B490F6631" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plans with an accumulated benefit obligation in excess of plan assets: </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D" xlink:to="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAbstract_F26BB7A97CEE878C0C7B5E6B490F673D" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Projected benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA" xlink:to="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation_E7D1CA83EDAAF001EDC25E6B490F94DA" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_827164D815029CA2F4195E6B490FF019_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_827164D815029CA2F4195E6B490FF019" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair value of plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_827164D815029CA2F4195E6B490FF019_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_827164D815029CA2F4195E6B490FF019" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets_827164D815029CA2F4195E6B490FF019" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated benefit obligation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Accumulated Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001" xlink:to="lab_us-gaap_DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation_AE85CF560AC92BE76E9C5E6B490F9001" xlink:type="arc"/>
<link:label id="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_24822DD8E1A6F865CE023537D1D98235_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_24822DD8E1A6F865CE023537D1D98235" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Restructuring </link:label>
<link:label id="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_24822DD8E1A6F865CE023537D1D98235_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_24822DD8E1A6F865CE023537D1D98235" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring and Related Activities Disclosure [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock" xlink:label="loc_us-gaap_RestructuringAndRelatedActivitiesDisclosureTextBlock_24822DD8E1A6F865CE023537D1D98235" xlink:type="locator"/>
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<link:label id="lab_country_US_EE9E7F76C152A49A40EB1908086D1932_terseLabel_en-US" xlink:label="lab_country_US_EE9E7F76C152A49A40EB1908086D1932" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> U.S. </link:label>
<link:label id="lab_country_US_EE9E7F76C152A49A40EB1908086D1932_label_en-US" xlink:label="lab_country_US_EE9E7F76C152A49A40EB1908086D1932" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> UNITED STATES </link:label>
<link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_US" xlink:label="loc_country_US_EE9E7F76C152A49A40EB1908086D1932" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_country_US_EE9E7F76C152A49A40EB1908086D1932" xlink:to="lab_country_US_EE9E7F76C152A49A40EB1908086D1932" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureRecordedAmountsAndEstimatedFairValuesOfLongtermDebtAndDerivativeFinancialInstrumentsAbstract_658543627D7A71482D713537D41D44F3_label_en-US" xlink:label="lab_pnr_DisclosureRecordedAmountsAndEstimatedFairValuesOfLongtermDebtAndDerivativeFinancialInstrumentsAbstract_658543627D7A71482D713537D41D44F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Recorded Amounts And Estimated Fair Values Of Longterm Debt And Derivative Financial Instruments [Abstract] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureRecordedAmountsAndEstimatedFairValuesOfLongtermDebtAndDerivativeFinancialInstrumentsAbstract" xlink:label="loc_pnr_DisclosureRecordedAmountsAndEstimatedFairValuesOfLongtermDebtAndDerivativeFinancialInstrumentsAbstract_658543627D7A71482D713537D41D44F3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeTable_E161B0B4DB6CAFED00703537D42758AB_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeTable_E161B0B4DB6CAFED00703537D42758AB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
<link:label id="lab_us-gaap_DerivativeTable_E161B0B4DB6CAFED00703537D42758AB_label_en-US" xlink:label="lab_us-gaap_DerivativeTable_E161B0B4DB6CAFED00703537D42758AB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Table] </link:label>
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<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, by Balance Sheet Grouping, Disclosure Item Amounts [Axis] </link:label>
<link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Measurement Basis [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueByMeasurementBasisAxis" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis_05FC4855414E30CA52133537D4272ED0" xlink:type="arc"/>
<link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_3405CBE8331EFCB07C213537D4276A8F_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_3405CBE8331EFCB07C213537D4276A8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fair Value, Disclosure Item Amounts [Domain] </link:label>
<link:label id="lab_us-gaap_FairValueDisclosureItemAmountsDomain_3405CBE8331EFCB07C213537D4276A8F_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureItemAmountsDomain_3405CBE8331EFCB07C213537D4276A8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fair Value Measurement [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FairValueDisclosureItemAmountsDomain" xlink:label="loc_us-gaap_FairValueDisclosureItemAmountsDomain_3405CBE8331EFCB07C213537D4276A8F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Portion at Fair Value Measurement [Member] </link:label>
<link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Portion at Fair Value Measurement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_C26FE27F61A97CD706EB3537D4279D59" xlink:type="arc"/>
<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF_terseLabel_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Carrying (Reported) Amount, Fair Value Disclosure </link:label>
<link:label id="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF_label_en-US" xlink:label="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Reported Value Measurement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CarryingReportedAmountFairValueDisclosureMember" xlink:label="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF" xlink:to="lab_us-gaap_CarryingReportedAmountFairValueDisclosureMember_5F62D32B9094BC14F21F3537D427EFCF" xlink:type="arc"/>
<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037_terseLabel_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimate of Fair Value, Fair Value Disclosure </link:label>
<link:label id="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037_label_en-US" xlink:label="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Estimate of Fair Value Measurement [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EstimateOfFairValueFairValueDisclosureMember" xlink:label="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037" xlink:to="lab_us-gaap_EstimateOfFairValueFairValueDisclosureMember_358C9E8F680AB325F78C3537D427C037" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:label id="lab_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D_label_en-US" xlink:label="lab_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative [Line Items] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeLineItems" xlink:label="loc_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D" xlink:to="lab_us-gaap_DerivativeLineItems_F49F52A6655054A05DD03537D427493D" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Variable rate debt </link:label>
<link:label id="lab_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7_label_en-US" xlink:label="lab_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Percentage Bearing Variable Interest, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtPercentageBearingVariableInterestAmount" xlink:label="loc_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7" xlink:to="lab_us-gaap_LongtermDebtPercentageBearingVariableInterestAmount_7E5A144B6C7F048B2E563537D427F6C7" xlink:type="arc"/>
<link:label id="lab_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed rate debt </link:label>
<link:label id="lab_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1_label_en-US" xlink:label="lab_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Percentage Bearing Fixed Interest, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongtermDebtPercentageBearingFixedInterestAmount" xlink:label="loc_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1" xlink:to="lab_us-gaap_LongtermDebtPercentageBearingFixedInterestAmount_E41F7BD0D3F63E33E0613537D427BBB1" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_60CD9994A6019E7B7BC83537D4270814_totalLabel_en-US" xlink:label="lab_us-gaap_DebtLongtermAndShorttermCombinedAmount_60CD9994A6019E7B7BC83537D4270814" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total debt </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtLongtermAndShorttermCombinedAmount" xlink:label="loc_us-gaap_DebtLongtermAndShorttermCombinedAmount_60CD9994A6019E7B7BC83537D4270814" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock_10F3C6C2F7AB01FB8BD63537D3E1B26E_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock_10F3C6C2F7AB01FB8BD63537D3E1B26E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information </link:label>
<link:label id="lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock_10F3C6C2F7AB01FB8BD63537D3E1B26E_label_en-US" xlink:label="lab_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock_10F3C6C2F7AB01FB8BD63537D3E1B26E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Disclosures [Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SupplementalBalanceSheetDisclosuresTextBlock" xlink:label="loc_us-gaap_SupplementalBalanceSheetDisclosuresTextBlock_10F3C6C2F7AB01FB8BD63537D3E1B26E" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract_86B4508551EA1267222C1A12EAD0767E_label_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract_86B4508551EA1267222C1A12EAD0767E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Condensed Consolidating Statement Of Cash Flows [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract_86B4508551EA1267222C1A12EAD0767E_documentation_en-US" xlink:label="lab_pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract_86B4508551EA1267222C1A12EAD0767E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Condensed Consolidating Statement Of Cash Flows [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract" xlink:label="loc_pnr_DisclosureCondensedConsolidatingStatementOfCashFlowsAbstract_86B4508551EA1267222C1A12EAD0767E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SalesRevenueNet_F7EC0293D705309D5F151A12EAD183BB_terseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueNet_F7EC0293D705309D5F151A12EAD183BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Revenue, Net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_SalesRevenueNet" xlink:label="loc_us-gaap_SalesRevenueNet_F7EC0293D705309D5F151A12EAD183BB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_A5D41E62AE8BCD45CBF01A12EAD11D5D_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_A5D41E62AE8BCD45CBF01A12EAD11D5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net cash provided by (used for) operating activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_A5D41E62AE8BCD45CBF01A12EAD11D5D" xlink:type="locator"/>
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<link:label id="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A_terseLabel_en-US" xlink:label="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Intercompany Loan Activity, Net </link:label>
<link:label id="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A_label_en-US" xlink:label="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Intercompany Loan Activity, Net </link:label>
<link:label id="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A_documentation_en-US" xlink:label="lab_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Intercompany Loan Activity, Net </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_IntercompanyLoanActivityNet" xlink:label="loc_pnr_IntercompanyLoanActivityNet_883365DE58EDDC63AD211A12EAD7869A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_2F51F0F0372E0D9CF6C01A12EAD7799C_verboseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_2F51F0F0372E0D9CF6C01A12EAD7799C" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Net Cash Provided by (Used in) Investing Activities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_2F51F0F0372E0D9CF6C01A12EAD7799C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_CC76B7EC0778A75203521A12EAD8BA90_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtExtinguishmentCosts_CC76B7EC0778A75203521A12EAD8BA90" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Debt extinguishment costs </link:label>
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<link:label id="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_780F2AD5CA6941C10250F11186AF14F5_label_en-US" xlink:label="lab_us-gaap_IndefiniteLivedIntangibleAssetsMajorClassNameDomain_780F2AD5CA6941C10250F11186AF14F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Indefinite-lived Intangible Assets, Major Class Name [Domain] </link:label>
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<link:label id="lab_us-gaap_TradeNamesMember_6E82BC94E9755581B144F11186AF852C_terseLabel_en-US" xlink:label="lab_us-gaap_TradeNamesMember_6E82BC94E9755581B144F11186AF852C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trade names intangibles </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TradeNamesMember" xlink:label="loc_us-gaap_TradeNamesMember_6E82BC94E9755581B144F11186AF852C" xlink:type="locator"/>
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<link:label id="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46_terseLabel_en-US" xlink:label="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Line Items] </link:label>
<link:label id="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46_label_en-US" xlink:label="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Line Items] </link:label>
<link:label id="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46_documentation_en-US" xlink:label="lab_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Significant Accounting Policies [Line Items] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SignificantAccountingPoliciesLineItems" xlink:label="loc_pnr_SignificantAccountingPoliciesLineItems_25F89C5533C4DC6AA4F3F11186AF1F46" xlink:type="locator"/>
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<link:label id="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11_terseLabel_en-US" xlink:label="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percentage Of Ownership Interests </link:label>
<link:label id="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11_label_en-US" xlink:label="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Percentage Of Ownership Interests </link:label>
<link:label id="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11_documentation_en-US" xlink:label="lab_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Percentage Of Ownership Interests </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PercentageOfOwnershipInterests" xlink:label="loc_pnr_PercentageOfOwnershipInterests_52EA6F0E85CEEB35C02AF11186AF5C11" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_1DCDE1760D13640C8934F11186AFF20D_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_1DCDE1760D13640C8934F11186AFF20D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Acquisitions </link:label>
<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_1DCDE1760D13640C8934F11186AFF20D_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_1DCDE1760D13640C8934F11186AFF20D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Issued During Period, Shares, Acquisitions </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesAcquisitions" xlink:label="loc_us-gaap_StockIssuedDuringPeriodSharesAcquisitions_1DCDE1760D13640C8934F11186AFF20D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_971ECF8CDCFFD44A7B5FF11186AFE375_terseLabel_en-US" xlink:label="lab_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_971ECF8CDCFFD44A7B5FF11186AFE375" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Impairment of Long-Lived Assets Held-for-use </link:label>
<link:label id="lab_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_971ECF8CDCFFD44A7B5FF11186AFE375_label_en-US" xlink:label="lab_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_971ECF8CDCFFD44A7B5FF11186AFE375" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Impairment of Long-Lived Assets Held-for-use </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ImpairmentOfLongLivedAssetsHeldForUse" xlink:label="loc_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_971ECF8CDCFFD44A7B5FF11186AFE375" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RevenueRecognitionAbstract_2183455895407C91BFD4F11186AF53CA_terseLabel_en-US" xlink:label="lab_us-gaap_RevenueRecognitionAbstract_2183455895407C91BFD4F11186AF53CA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Revenue Recognition </link:label>
<link:label id="lab_us-gaap_RevenueRecognitionAbstract_2183455895407C91BFD4F11186AF53CA_label_en-US" xlink:label="lab_us-gaap_RevenueRecognitionAbstract_2183455895407C91BFD4F11186AF53CA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Revenue Recognition [Abstract] </link:label>
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<link:label id="lab_us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms_F7BC2F056E0BDB3955C2F11186AF37F7_terseLabel_en-US" xlink:label="lab_us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms_F7BC2F056E0BDB3955C2F11186AF37F7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost in excess of billings </link:label>
<link:label id="lab_us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms_F7BC2F056E0BDB3955C2F11186AF37F7_label_en-US" xlink:label="lab_us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms_F7BC2F056E0BDB3955C2F11186AF37F7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Costs in Excess of Billings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms" xlink:label="loc_us-gaap_CostsInExcessOfBillingsOnUncompletedContractsOrPrograms_F7BC2F056E0BDB3955C2F11186AF37F7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_BillingsInExcessOfCostCurrent_28CEB21D2BC9844ED453F11186AF75F5_terseLabel_en-US" xlink:label="lab_us-gaap_BillingsInExcessOfCostCurrent_28CEB21D2BC9844ED453F11186AF75F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Billings in excess of cost </link:label>
<link:label id="lab_us-gaap_BillingsInExcessOfCostCurrent_28CEB21D2BC9844ED453F11186AF75F5_label_en-US" xlink:label="lab_us-gaap_BillingsInExcessOfCostCurrent_28CEB21D2BC9844ED453F11186AF75F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Billings in Excess of Cost, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_BillingsInExcessOfCostCurrent" xlink:label="loc_us-gaap_BillingsInExcessOfCostCurrent_28CEB21D2BC9844ED453F11186AF75F5" xlink:type="locator"/>
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<link:label id="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D_terseLabel_en-US" xlink:label="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Basis of presentation </link:label>
<link:label id="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D_label_en-US" xlink:label="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Basis of Presentation [Abstract] </link:label>
<link:label id="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D_documentation_en-US" xlink:label="lab_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Basis of Presentation [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_BasisofPresentationAbstract" xlink:label="loc_pnr_BasisofPresentationAbstract_0CD83FE4E407E8235D06F11186AFB11D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_3FB8C98BC7B2C323D681F11186AFED23_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_3FB8C98BC7B2C323D681F11186AFED23" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity method investment, ownership percentage </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_3FB8C98BC7B2C323D681F11186AFED23_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestmentOwnershipPercentage_3FB8C98BC7B2C323D681F11186AFED23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investment, Ownership Percentage </link:label>
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<link:label id="lab_us-gaap_ResearchAndDevelopmentAbstract_8E7BA4389439F9B37649F11186AF0C12_terseLabel_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentAbstract_8E7BA4389439F9B37649F11186AF0C12" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Research and development </link:label>
<link:label id="lab_us-gaap_ResearchAndDevelopmentAbstract_8E7BA4389439F9B37649F11186AF0C12_label_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentAbstract_8E7BA4389439F9B37649F11186AF0C12" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Research and Development [Abstract] </link:label>
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<link:label id="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD_terseLabel_en-US" xlink:label="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Trade receivables and concentration of credit risk </link:label>
<link:label id="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD_label_en-US" xlink:label="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Trade Receivables and Concentration of Credit Risk [Abstract] </link:label>
<link:label id="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD_documentation_en-US" xlink:label="lab_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Trade Receivables and Concentration of Credit Risk [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_TradeReceivablesandConcentrationofCreditRiskAbstract" xlink:label="loc_pnr_TradeReceivablesandConcentrationofCreditRiskAbstract_99DE3CE2E684AB4A3B45F11186AF3CCD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConcentrationRiskPercentage1_118257CC432F1A515C5DF11186AFD640_verboseLabel_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_118257CC432F1A515C5DF11186AFD640" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Customer receivable balances to total trade receivables </link:label>
<link:label id="lab_us-gaap_ConcentrationRiskPercentage1_118257CC432F1A515C5DF11186AFD640_label_en-US" xlink:label="lab_us-gaap_ConcentrationRiskPercentage1_118257CC432F1A515C5DF11186AFD640" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Concentration Risk, Percentage </link:label>
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<link:label id="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222_terseLabel_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of customers </link:label>
<link:label id="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222_label_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Customers With Significant Accounts Receivable Balance </link:label>
<link:label id="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222_documentation_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantAccountsReceivableBalance_3010FEFFD2DCF32029D7F11186AFF222" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number Of Customers With Significant Accounts Receivable Balance </link:label>
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<link:label id="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4_terseLabel_en-US" xlink:label="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and identifiable intangible assets </link:label>
<link:label id="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4_label_en-US" xlink:label="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </link:label>
<link:label id="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4_documentation_en-US" xlink:label="lab_pnr_GoodwillandIntangibleAssetsAbstract_92443A1464B4A2F8943EF11186AF33A4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill and Intangible Assets [Abstract] </link:label>
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<link:label id="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5_terseLabel_en-US" xlink:label="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill planning period </link:label>
<link:label id="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5_label_en-US" xlink:label="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill Impairment Test Period </link:label>
<link:label id="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5_documentation_en-US" xlink:label="lab_pnr_GoodwillImpairmentTestPeriod_F427D9A1AB0A360AB7AFF11186AFA1C5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill Impairment Test Period </link:label>
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<link:label id="lab_pnr_PerpetualGrowthRatePercent_DDE4500B93540813881DF11186AFBEEA_label_en-US" xlink:label="lab_pnr_PerpetualGrowthRatePercent_DDE4500B93540813881DF11186AFBEEA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Perpetual Growth Rate Percent </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_PerpetualGrowthRatePercent" xlink:label="loc_pnr_PerpetualGrowthRatePercent_DDE4500B93540813881DF11186AFBEEA" xlink:type="locator"/>
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<link:label id="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5_terseLabel_en-US" xlink:label="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discounted cash flows discount rate </link:label>
<link:label id="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5_label_en-US" xlink:label="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Discounted Cash Flow Method Percentage </link:label>
<link:label id="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5_documentation_en-US" xlink:label="lab_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Discounted Cash Flow Method Percentage </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DiscountedCashFlowMethodPercentage" xlink:label="loc_pnr_DiscountedCashFlowMethodPercentage_E1AD436D83FA280F1164F11186AF8CC5" xlink:type="locator"/>
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<link:label id="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57_terseLabel_en-US" xlink:label="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Goodwill and intangible assets </link:label>
<link:label id="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57_label_en-US" xlink:label="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Goodwill And Intangible Assets Net </link:label>
<link:label id="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57_documentation_en-US" xlink:label="lab_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Goodwill And Intangible Assets Net </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_GoodwillAndIntangibleAssetsNet" xlink:label="loc_pnr_GoodwillAndIntangibleAssetsNet_647ED81DA6801E08DB3DF11186B9BA57" xlink:type="locator"/>
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<link:label id="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35_terseLabel_en-US" xlink:label="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity and cost method investments </link:label>
<link:label id="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35_label_en-US" xlink:label="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity and Cost Method Investments [Abstract] </link:label>
<link:label id="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35_documentation_en-US" xlink:label="lab_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Equity and Cost Method Investments [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_EquityandCostMethodInvestmentsAbstract" xlink:label="loc_pnr_EquityandCostMethodInvestmentsAbstract_64C42927B557D5A97AC6F11186B9BF35" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EquityMethodInvestments_913EA4D3C9B955C57F2CF11186B9B2FC_terseLabel_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_913EA4D3C9B955C57F2CF11186B9B2FC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Investments in and loans to equity method investees </link:label>
<link:label id="lab_us-gaap_EquityMethodInvestments_913EA4D3C9B955C57F2CF11186B9B2FC_label_en-US" xlink:label="lab_us-gaap_EquityMethodInvestments_913EA4D3C9B955C57F2CF11186B9B2FC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Method Investments </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityMethodInvestments" xlink:label="loc_us-gaap_EquityMethodInvestments_913EA4D3C9B955C57F2CF11186B9B2FC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CostMethodInvestments_F9A809D8A81BC7BE0B38F11186B9E9D4_terseLabel_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_F9A809D8A81BC7BE0B38F11186B9E9D4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Aggregate balance cost method investments </link:label>
<link:label id="lab_us-gaap_CostMethodInvestments_F9A809D8A81BC7BE0B38F11186B9E9D4_label_en-US" xlink:label="lab_us-gaap_CostMethodInvestments_F9A809D8A81BC7BE0B38F11186B9E9D4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cost Method Investments </link:label>
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<link:label id="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_30FC5E122679E772B4F4F11186B93A36_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_30FC5E122679E772B4F4F11186B93A36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income taxes </link:label>
<link:label id="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_30FC5E122679E772B4F4F11186B93A36_label_en-US" xlink:label="lab_us-gaap_IncomeTaxExpenseBenefitContinuingOperationsAbstract_30FC5E122679E772B4F4F11186B93A36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Income Tax Expense (Benefit), Continuing Operations [Abstract] </link:label>
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<link:label id="lab_us-gaap_InsuranceAbstract_26FE44CA92C0AB6364BFF11186B92283_terseLabel_en-US" xlink:label="lab_us-gaap_InsuranceAbstract_26FE44CA92C0AB6364BFF11186B92283" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Insurance subsidiary </link:label>
<link:label id="lab_us-gaap_InsuranceAbstract_26FE44CA92C0AB6364BFF11186B92283_label_en-US" xlink:label="lab_us-gaap_InsuranceAbstract_26FE44CA92C0AB6364BFF11186B92283" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Insurance [Abstract] </link:label>
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<link:label id="lab_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_E394D81C19687821938AF11186B9B5CC_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_E394D81C19687821938AF11186B9B5CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reserve for policy claims </link:label>
<link:label id="lab_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_E394D81C19687821938AF11186B9B5CC_label_en-US" xlink:label="lab_us-gaap_LiabilityForClaimsAndClaimsAdjustmentExpense_E394D81C19687821938AF11186B9B5CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Liability for Claims and Claims Adjustment Expense </link:label>
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<link:label id="lab_pnr_OperatingLeaseExpenseTextBlock_2A54D7274FDF40963A8E3537CC75B926_terseLabel_en-US" xlink:label="lab_pnr_OperatingLeaseExpenseTextBlock_2A54D7274FDF40963A8E3537CC75B926" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net rental expense </link:label>
<link:label id="lab_pnr_OperatingLeaseExpenseTextBlock_2A54D7274FDF40963A8E3537CC75B926_label_en-US" xlink:label="lab_pnr_OperatingLeaseExpenseTextBlock_2A54D7274FDF40963A8E3537CC75B926" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Operating Lease Expense [Text Block] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_OperatingLeaseExpenseTextBlock" xlink:label="loc_pnr_OperatingLeaseExpenseTextBlock_2A54D7274FDF40963A8E3537CC75B926" xlink:type="locator"/>
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<link:label id="lab_pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock_B674D80E8AA08424265C3537CC754F09_terseLabel_en-US" xlink:label="lab_pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock_B674D80E8AA08424265C3537CC754F09" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net future minimum lease commitments </link:label>
<link:label id="lab_pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock_B674D80E8AA08424265C3537CC754F09_label_en-US" xlink:label="lab_pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock_B674D80E8AA08424265C3537CC754F09" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Future Minimum Lease Payments Under Operating Leases Table [Text Block] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock" xlink:label="loc_pnr_ScheduleOfFutureMinimumLeasePaymentsUnderOperatingLeasesTableTextBlock_B674D80E8AA08424265C3537CC754F09" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Changes in Carrying Amount of Service and Product Warranties </link:label>
<link:label id="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98_label_en-US" xlink:label="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Product Warranty Liability [Table Text Block] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock" xlink:label="loc_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98" xlink:to="lab_us-gaap_ScheduleOfProductWarrantyLiabilityTableTextBlock_D0098A354D6E46613C683537CC758B98" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A_label_en-US" xlink:label="lab_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Supplemental Balance Sheet Information [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A_documentation_en-US" xlink:label="lab_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Supplemental Balance Sheet Information [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureSupplementalBalanceSheetInformationAbstract" xlink:label="loc_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A" xlink:to="lab_pnr_DisclosureSupplementalBalanceSheetInformationAbstract_FBEA71A82FD034866C443537CB496C1A" xlink:type="arc"/>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8_terseLabel_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Table] </link:label>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8_label_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Table] </link:label>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8_documentation_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Table] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SupplementalBalanceSheetInformationTable" xlink:label="loc_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:to="lab_pnr_SupplementalBalanceSheetInformationTable_7F7AEF6849CD68BE13B53537CB490DE8" xlink:type="arc"/>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5_terseLabel_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Line Items] </link:label>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5_label_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Line Items] </link:label>
<link:label id="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5_documentation_en-US" xlink:label="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Supplemental Balance Sheet Information [Line Items] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SupplementalBalanceSheetInformationLineItems" xlink:label="loc_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:to="lab_pnr_SupplementalBalanceSheetInformationLineItems_ADE369A2994A3DBDE12E3537CB497CC5" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Inventories </link:label>
<link:label id="lab_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4_label_en-US" xlink:label="lab_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory Disclosure [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryDisclosureAbstract" xlink:label="loc_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4" xlink:to="lab_us-gaap_InventoryDisclosureAbstract_0B27126DACE0232040B03537CB4917C4" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Raw materials and supplies </link:label>
<link:label id="lab_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90_label_en-US" xlink:label="lab_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory, Raw Materials and Supplies, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryRawMaterialsAndSupplies" xlink:label="loc_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90" xlink:to="lab_us-gaap_InventoryRawMaterialsAndSupplies_173CA90A850648A2D6B03537CB491C90" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Work-in-process </link:label>
<link:label id="lab_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40_label_en-US" xlink:label="lab_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory, Work in Process, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryWorkInProcess" xlink:label="loc_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40" xlink:to="lab_us-gaap_InventoryWorkInProcess_EDC6614D5F3A8F6572513537CB497B40" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Finished goods </link:label>
<link:label id="lab_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5_label_en-US" xlink:label="lab_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Inventory, Finished Goods, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryFinishedGoods" xlink:label="loc_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5" xlink:to="lab_us-gaap_InventoryFinishedGoods_B94B82D45B6CB6D57D243537CB4989F5" xlink:type="arc"/>
<link:label id="lab_us-gaap_InventoryNet_79809EE93E4D7ED452483537CB499FA3_totalLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_79809EE93E4D7ED452483537CB499FA3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total inventories </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_79809EE93E4D7ED452483537CB499FA3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InventoryNet_79809EE93E4D7ED452483537CB499FA3" xlink:to="lab_us-gaap_InventoryNet_79809EE93E4D7ED452483537CB499FA3" xlink:type="arc"/>
<link:label id="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35_terseLabel_en-US" xlink:label="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current assets </link:label>
<link:label id="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35_label_en-US" xlink:label="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Assets Current [Abstract] </link:label>
<link:label id="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35_documentation_en-US" xlink:label="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Assets, Current [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherAssetsCurrentAbstract" xlink:label="loc_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:to="lab_pnr_OtherAssetsCurrentAbstract_9BA598BDAAAF1C978F623537CB491A35" xlink:type="arc"/>
<link:label id="lab_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Prepaid expenses </link:label>
<link:label id="lab_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Prepaid Expense, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PrepaidExpenseCurrent" xlink:label="loc_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21" xlink:to="lab_us-gaap_PrepaidExpenseCurrent_55458F0839D0FBAD39953537CB494F21" xlink:type="arc"/>
<link:label id="lab_us-gaap_DeferredTaxAssetsNetCurrent_5F99281EFF35EFD884E83537CB492E75_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNetCurrent_5F99281EFF35EFD884E83537CB492E75" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred income taxes </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsNetCurrent" xlink:label="loc_us-gaap_DeferredTaxAssetsNetCurrent_5F99281EFF35EFD884E83537CB492E75" xlink:type="locator"/>
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<link:label id="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4_terseLabel_en-US" xlink:label="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current assets </link:label>
<link:label id="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4_label_en-US" xlink:label="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Current Assets </link:label>
<link:label id="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4_documentation_en-US" xlink:label="lab_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other Current Assets </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherCurrentAssets" xlink:label="loc_pnr_OtherCurrentAssets_D2C008B9D71AC7F302DA3537CB4908B4" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAssetsCurrent_5ADA363A40191E1ED8A43537CB492395_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsCurrent_5ADA363A40191E1ED8A43537CB492395" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other current assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaap_OtherAssetsCurrent_5ADA363A40191E1ED8A43537CB492395" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsCurrent_5ADA363A40191E1ED8A43537CB492395" xlink:to="lab_us-gaap_OtherAssetsCurrent_5ADA363A40191E1ED8A43537CB492395" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Property, plant and equipment, net </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Net, by Type [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNetByTypeAbstract_CC7F5B4FB6E10453898B3537CB490476" xlink:type="arc"/>
<link:label id="lab_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2_terseLabel_en-US" xlink:label="lab_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Land and land improvements </link:label>
<link:label id="lab_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2_label_en-US" xlink:label="lab_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Land and Land Improvements </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LandAndLandImprovements" xlink:label="loc_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2" xlink:to="lab_us-gaap_LandAndLandImprovements_47ED8EA6E1239E3C14983537CB4972C2" xlink:type="arc"/>
<link:label id="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A_terseLabel_en-US" xlink:label="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Buildings and leasehold improvements </link:label>
<link:label id="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A_label_en-US" xlink:label="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Building And Leasehold Improvements Gross </link:label>
<link:label id="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A_documentation_en-US" xlink:label="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Carrying amount at the balance sheet date of long-lived, depreciable assets that include building structures held for productive use including any addition, improvement, or renovation to the structure as well as the addition of improvements to assets held under lease arrangements. </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_BuildingAndLeaseholdImprovementsGross" xlink:label="loc_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:to="lab_pnr_BuildingAndLeaseholdImprovementsGross_99322BA0A099EC6165C43537CB53C75A" xlink:type="arc"/>
<link:label id="lab_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743_terseLabel_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Machinery and equipment </link:label>
<link:label id="lab_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743_label_en-US" xlink:label="lab_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Machinery and Equipment, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MachineryAndEquipmentGross" xlink:label="loc_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743" xlink:to="lab_us-gaap_MachineryAndEquipmentGross_D6B44AEC319AE2DF11603537CB535743" xlink:type="arc"/>
<link:label id="lab_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06_terseLabel_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Construction in progress </link:label>
<link:label id="lab_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06_label_en-US" xlink:label="lab_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Construction in Progress, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConstructionInProgressGross" xlink:label="loc_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06" xlink:to="lab_us-gaap_ConstructionInProgressGross_C835CA06740ACCEA369F3537CB533B06" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total property, plant and equipment </link:label>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Property, Plant and Equipment, Gross </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentGross" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentGross_5E7EBECC3B84202931BD3537CB537EF6" xlink:type="arc"/>
<link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated depreciation and amortization </link:label>
<link:label id="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96_label_en-US" xlink:label="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96" xlink:to="lab_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_37F41B97491BBDFE485B3537CB53CA96" xlink:type="arc"/>
<link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_5899FA18B610FCD281663537CB53AA55_totalLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_5899FA18B610FCD281663537CB53AA55" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total property, plant and equipment, net </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_5899FA18B610FCD281663537CB53AA55" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_5899FA18B610FCD281663537CB53AA55" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_5899FA18B610FCD281663537CB53AA55" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsNoncurrentAbstract_C5E9D46FCFC31847484C3537CB534B79_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrentAbstract_C5E9D46FCFC31847484C3537CB534B79" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other non-current assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrentAbstract" xlink:label="loc_us-gaap_OtherAssetsNoncurrentAbstract_C5E9D46FCFC31847484C3537CB534B79" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrentAbstract_C5E9D46FCFC31847484C3537CB534B79" xlink:to="lab_us-gaap_OtherAssetsNoncurrentAbstract_C5E9D46FCFC31847484C3537CB534B79" xlink:type="arc"/>
<link:label id="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF_terseLabel_en-US" xlink:label="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asbestos-related insurance receivable </link:label>
<link:label id="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF_label_en-US" xlink:label="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Asbestos Related Insurance Receivables Noncurrent </link:label>
<link:label id="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF_documentation_en-US" xlink:label="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Asbestos Related Insurance Receivables, Noncurrent </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_AsbestosRelatedInsuranceReceivablesNoncurrent" xlink:label="loc_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:to="lab_pnr_AsbestosRelatedInsuranceReceivablesNoncurrent_731FD020378C4A4E19AC3537CB5398AF" xlink:type="arc"/>
<link:label id="lab_us-gaap_DeferredTaxAssetsNetNoncurrent_F308A1AA0CD5C54B88973537CB53B89D_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredTaxAssetsNetNoncurrent_F308A1AA0CD5C54B88973537CB53B89D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred income taxes </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredTaxAssetsNetNoncurrent" xlink:label="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_F308A1AA0CD5C54B88973537CB53B89D" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DeferredTaxAssetsNetNoncurrent_F308A1AA0CD5C54B88973537CB53B89D" xlink:to="lab_us-gaap_DeferredTaxAssetsNetNoncurrent_F308A1AA0CD5C54B88973537CB53B89D" xlink:type="arc"/>
<link:label id="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914_terseLabel_en-US" xlink:label="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other non-current assets </link:label>
<link:label id="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914_label_en-US" xlink:label="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Long Term Assets </link:label>
<link:label id="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914_documentation_en-US" xlink:label="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Other long term assets, excluding asbestos-related insurance receivables and deferred income taxes. </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherLongTermAssets" xlink:label="loc_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:to="lab_pnr_OtherLongTermAssets_76945E75CEA76736DA0D3537CB534914" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherAssetsNoncurrent_BA152FB9E9CF2455C73B3537CB530A60_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAssetsNoncurrent_BA152FB9E9CF2455C73B3537CB530A60" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other non-current assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherAssetsNoncurrent" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_BA152FB9E9CF2455C73B3537CB530A60" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_BA152FB9E9CF2455C73B3537CB530A60" xlink:to="lab_us-gaap_OtherAssetsNoncurrent_BA152FB9E9CF2455C73B3537CB530A60" xlink:type="arc"/>
<link:label id="lab_us-gaap_LiabilitiesCurrentAbstract_8752682CCBE0E13133FD3537CB53D8A8_verboseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesCurrentAbstract_8752682CCBE0E13133FD3537CB53D8A8" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Other current liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesCurrentAbstract" xlink:label="loc_us-gaap_LiabilitiesCurrentAbstract_8752682CCBE0E13133FD3537CB53D8A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesCurrentAbstract_8752682CCBE0E13133FD3537CB53D8A8" xlink:to="lab_us-gaap_LiabilitiesCurrentAbstract_8752682CCBE0E13133FD3537CB53D8A8" xlink:type="arc"/>
<link:label id="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37_terseLabel_en-US" xlink:label="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Deferred revenue and customer deposits </link:label>
<link:label id="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37_label_en-US" xlink:label="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Revenue And Customer Deposit Current </link:label>
<link:label id="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37_documentation_en-US" xlink:label="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Deferred Revenue And Customer Deposit Current </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DeferredRevenueAndCustomerDepositCurrent" xlink:label="loc_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:to="lab_pnr_DeferredRevenueAndCustomerDepositCurrent_FD3B740FB77D91F1DF0F3537CB53CB37" xlink:type="arc"/>
<link:label id="lab_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721_verboseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Dividends payable </link:label>
<link:label id="lab_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721_label_en-US" xlink:label="lab_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends Payable, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DividendsPayableCurrent" xlink:label="loc_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721" xlink:to="lab_us-gaap_DividendsPayableCurrent_2F1B75B73EB0787E2EEA3537CB53C721" xlink:type="arc"/>
<link:label id="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213_terseLabel_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accrued warranty </link:label>
<link:label id="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213_label_en-US" xlink:label="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Product Warranty Accrual, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ProductWarrantyAccrualClassifiedCurrent" xlink:label="loc_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213" xlink:to="lab_us-gaap_ProductWarrantyAccrualClassifiedCurrent_DF6400CD6CFFBCE6C52A3537CB539213" xlink:type="arc"/>
<link:label id="lab_us-gaap_OtherLiabilitiesCurrent_597863731EB987BDA36E3537CB53363E_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesCurrent_597863731EB987BDA36E3537CB53363E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other current liabilities </link:label>
<link:label id="lab_us-gaap_OtherLiabilitiesCurrent_597863731EB987BDA36E3537CB53363E_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesCurrent_597863731EB987BDA36E3537CB53363E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Liabilities, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherLiabilitiesCurrent" xlink:label="loc_us-gaap_OtherLiabilitiesCurrent_597863731EB987BDA36E3537CB53363E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherAccruedLiabilitiesCurrent_63CC2EDB0BF667E566633537CB534719_totalLabel_en-US" xlink:label="lab_us-gaap_OtherAccruedLiabilitiesCurrent_63CC2EDB0BF667E566633537CB534719" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total other current liabilities </link:label>
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<link:label id="lab_pnr_AsbestosLiabilityNoncurrent_B64668C34D535B6BE8103537CB530740_terseLabel_en-US" xlink:label="lab_pnr_AsbestosLiabilityNoncurrent_B64668C34D535B6BE8103537CB530740" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asbestos-related liabilities </link:label>
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<link:loc xlink:href="http://xbrl.sec.gov/country/2013/country-2013-01-31.xsd#country_AU" xlink:label="loc_country_AU_399EFEA1DB1CCFFA0F80EAC8FC22A376" xlink:type="locator"/>
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<link:label id="lab_us-gaap_AsiaMember_53838FC7871927DF202EEAC8FC2203CC_terseLabel_en-US" xlink:label="lab_us-gaap_AsiaMember_53838FC7871927DF202EEAC8FC2203CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other Developed (2) </link:label>
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<link:label id="lab_pnr_GeographicInformationLineItems_3E33D81687EBDB18D23EEAC8FC22787C_terseLabel_en-US" xlink:label="lab_pnr_GeographicInformationLineItems_3E33D81687EBDB18D23EEAC8FC22787C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Geographic Information [Line Items] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_05CD69301DA8ED9B5911EAC8FC225F87" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_40AC8F433FBF873FCED63537D1ED4FF4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTable_40AC8F433FBF873FCED63537D1ED4FF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table] </link:label>
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<link:label id="lab_pnr_NetPeriodicBenefitCostsMember_4D74F2653B596842A5083537CC615005_terseLabel_en-US" xlink:label="lab_pnr_NetPeriodicBenefitCostsMember_4D74F2653B596842A5083537CC615005" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Net Periodic Benefit Costs </link:label>
<link:label id="lab_pnr_NetPeriodicBenefitCostsMember_4D74F2653B596842A5083537CC615005_label_en-US" xlink:label="lab_pnr_NetPeriodicBenefitCostsMember_4D74F2653B596842A5083537CC615005" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Net Periodic Benefit Costs [Member] </link:label>
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<link:label id="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansAxis_593E11D92FAB06FF332B3537C83D9833_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansAxis_593E11D92FAB06FF332B3537C83D9833" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans [Axis] </link:label>
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<link:label id="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansAxis_593E11D92FAB06FF332B3537C83D9833_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansAxis_593E11D92FAB06FF332B3537C83D9833" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPensionandOtherPostretirementPlansAxis" xlink:label="loc_pnr_DefinedContributionPensionandOtherPostretirementPlansAxis_593E11D92FAB06FF332B3537C83D9833" xlink:type="locator"/>
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<link:label id="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans [Domain] </link:label>
<link:label id="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89_label_en-US" xlink:label="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans [Domain] </link:label>
<link:label id="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Pension and Other Postretirement Plans [Domain] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPensionandOtherPostretirementPlansDomain" xlink:label="loc_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:to="lab_pnr_DefinedContributionPensionandOtherPostretirementPlansDomain_9ED8C7170A8DE52A020A3537C83D5C89" xlink:type="arc"/>
<link:label id="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21_terseLabel_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> First 1% </link:label>
<link:label id="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21_label_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> 401(K) Plan Legacy Group One [Member] </link:label>
<link:label id="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21_documentation_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> 401(K) Plan Legacy Group One [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_A401KPlanLegacyGroupOneMember" xlink:label="loc_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:to="lab_pnr_A401KPlanLegacyGroupOneMember_964936184F02EB1416DB3537C83DCE21" xlink:type="arc"/>
<link:label id="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE_terseLabel_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Next 5% </link:label>
<link:label id="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE_label_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> 401(K) Plan Legacy Group Two [Member] </link:label>
<link:label id="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE_documentation_en-US" xlink:label="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> 401(K) Plan Legacy Group Two [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_A401KPlanLegacyGroupTwoMember" xlink:label="loc_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:to="lab_pnr_A401KPlanLegacyGroupTwoMember_EC9711B19CFF0593F37D3537C83D07BE" xlink:type="arc"/>
<link:label id="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4_terseLabel_en-US" xlink:label="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Flow 401(K) Plan </link:label>
<link:label id="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4_label_en-US" xlink:label="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Flow 401(K) Plan [Member] </link:label>
<link:label id="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4_documentation_en-US" xlink:label="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Flow 401(K) Plan [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_Flow401KPlanMember" xlink:label="loc_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:to="lab_pnr_Flow401KPlanMember_9B924F6FA72D916802FF3537C83D2CB4" xlink:type="arc"/>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> An Additional 1% Match on Flow 401(K) Plan </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0_label_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group One [Member] </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group One [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPlansParticipantGroupOneMember" xlink:label="loc_pnr_DefinedContributionPlansParticipantGroupOneMember_2A6D8DB80F47B80932023537C83D23D0" xlink:type="locator"/>
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<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> An Additional 2% Match on Flow 401(K) Plan </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353_label_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Two [Member] </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Two [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPlansParticipantGroupTwoMember" xlink:label="loc_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:to="lab_pnr_DefinedContributionPlansParticipantGroupTwoMember_2697DE4EB038FAFB9EF33537C83D3353" xlink:type="arc"/>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> An Additional 3% Match on Flow 401(K) Plan </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006_label_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Three [Member] </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Three [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPlansParticipantGroupThreeMember" xlink:label="loc_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:to="lab_pnr_DefinedContributionPlansParticipantGroupThreeMember_A322E8772FF50B19B1983537C83D0006" xlink:type="arc"/>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> An Additional 4% Match on Flow 401(K) Plan </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308_label_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Four [Member] </link:label>
<link:label id="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plans Participant Group Four [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPlansParticipantGroupFourMember" xlink:label="loc_pnr_DefinedContributionPlansParticipantGroupFourMember_280500791EEAF1BC6A603537C83D1308" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_A72AC1F167AE948CB6F43537C83DF73A_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_A72AC1F167AE948CB6F43537C83DF73A" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> An Additional 4% Match </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:label="loc_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_A72AC1F167AE948CB6F43537C83DF73A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_A72AC1F167AE948CB6F43537C83DF73A" xlink:to="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_A72AC1F167AE948CB6F43537C83DF73A" xlink:type="arc"/>
<link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_0D8D9C9E397C442B2D1D3537C83D1A33_terseLabel_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_0D8D9C9E397C442B2D1D3537C83D1A33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension benefits </link:label>
<link:label id="lab_us-gaap_PensionPlansDefinedBenefitMember_0D8D9C9E397C442B2D1D3537C83D1A33_label_en-US" xlink:label="lab_us-gaap_PensionPlansDefinedBenefitMember_0D8D9C9E397C442B2D1D3537C83D1A33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension Plan [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionPlansDefinedBenefitMember" xlink:label="loc_us-gaap_PensionPlansDefinedBenefitMember_0D8D9C9E397C442B2D1D3537C83D1A33" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract_20955EC330246E37CC633537C83D7CFB_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract_20955EC330246E37CC633537C83D7CFB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension and other post-retirement plans </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract_20955EC330246E37CC633537C83D7CFB_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract_20955EC330246E37CC633537C83D7CFB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Expense [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract" xlink:label="loc_us-gaap_PensionAndOtherPostretirementBenefitExpenseAbstract_20955EC330246E37CC633537C83D7CFB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5DB2FA68203E3A695F333537C83D1D54_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5DB2FA68203E3A695F333537C83D1D54" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Benefits paid </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5DB2FA68203E3A695F333537C83D1D54_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_5DB2FA68203E3A695F333537C83D1D54" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Benefits Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitsPaid_5DB2FA68203E3A695F333537C83D1D54" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionContributions_CB5F3AE367E32219E0A63537C83D8254_terseLabel_en-US" xlink:label="lab_us-gaap_PensionContributions_CB5F3AE367E32219E0A63537C83D8254" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plan contribution </link:label>
<link:label id="lab_us-gaap_PensionContributions_CB5F3AE367E32219E0A63537C83D8254_label_en-US" xlink:label="lab_us-gaap_PensionContributions_CB5F3AE367E32219E0A63537C83D8254" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension Contributions </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_4E13641B41031DED18953537C83DF7C6_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_4E13641B41031DED18953537C83DF7C6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Obligations and funded status </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_4E13641B41031DED18953537C83DF7C6_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_4E13641B41031DED18953537C83DF7C6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Funded Status of Plan [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_4E13641B41031DED18953537C83DF7C6" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_D01867CA78A0C5857B463537C847A11D_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_D01867CA78A0C5857B463537C847A11D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Defined accumulated benefit obligation plans </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_D01867CA78A0C5857B463537C847A11D_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_D01867CA78A0C5857B463537C847A11D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Accumulated Benefit Obligation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanAccumulatedBenefitObligation_D01867CA78A0C5857B463537C847A11D" xlink:type="locator"/>
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<link:label id="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714_terseLabel_en-US" xlink:label="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expected rate of return on plan assets </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714_label_en-US" xlink:label="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Basis Used To Determine Overall Expected Long Term Rate Of Returns On Assets Assumption Historical </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714_documentation_en-US" xlink:label="lab_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Basis Used to Determine Overall Expected Long Term Rate of Returns on Assets Assumption, Historical </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical" xlink:label="loc_pnr_DefinedBenefitPlanBasisUsedToDetermineOverallExpectedLongTermRateOfReturnsOnAssetsAssumptionHistorical_6EBC2D5D7CA9137A6D603537C8476714" xlink:type="locator"/>
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<link:label id="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96_terseLabel_en-US" xlink:label="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plan assets yielded returns </link:label>
<link:label id="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96_label_en-US" xlink:label="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Historical Rate Of Return On Plan Assets </link:label>
<link:label id="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96_documentation_en-US" xlink:label="lab_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Historical Rate of Return on Plan Assets </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_HistoricalRateOfReturnOnPlanAssets" xlink:label="loc_pnr_HistoricalRateOfReturnOnPlanAssets_66D485668EF7F4CBA64B3537C847CB96" xlink:type="locator"/>
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<link:label id="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721_terseLabel_en-US" xlink:label="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plans assets </link:label>
<link:label id="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721_label_en-US" xlink:label="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension Plans Assets [Abstract] </link:label>
<link:label id="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721_documentation_en-US" xlink:label="lab_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Pension Plans Assets [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_PensionPlansAssetsAbstract" xlink:label="loc_pnr_PensionPlansAssetsAbstract_5407C7812F34CB67F7933537C8471721" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations_23A827C254F9B32807863537C847FD8F_verboseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations_23A827C254F9B32807863537C847FD8F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Asset allocation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations_23A827C254F9B32807863537C847FD8F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations_23A827C254F9B32807863537C847FD8F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Target Plan Asset Allocations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations" xlink:label="loc_us-gaap_DefinedBenefitPlanTargetPlanAssetAllocations_23A827C254F9B32807863537C847FD8F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract_B51915E776FECF2F2A883537C847A06C_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract_B51915E776FECF2F2A883537C847A06C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Pension plans assets </link:label>
<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract_B51915E776FECF2F2A883537C847A06C_label_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract_B51915E776FECF2F2A883537C847A06C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Pension and Other Postretirement Benefit Contributions [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract" xlink:label="loc_us-gaap_PensionAndOtherPostretirementBenefitContributionsAbstract_B51915E776FECF2F2A883537C847A06C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear_9B4767B5BF440B2FF22B3537C847A40E_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear_9B4767B5BF440B2FF22B3537C847A40E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expected contribution </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear_9B4767B5BF440B2FF22B3537C847A40E_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear_9B4767B5BF440B2FF22B3537C847A40E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear" xlink:label="loc_us-gaap_DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear_9B4767B5BF440B2FF22B3537C847A40E" xlink:type="locator"/>
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<link:label id="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF_terseLabel_en-US" xlink:label="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Savings plan </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF_label_en-US" xlink:label="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Employer Contribution [Abstract] </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF_documentation_en-US" xlink:label="lab_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Employer Contribution [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedBenefitPlanEmployerContributionAbstract" xlink:label="loc_pnr_DefinedBenefitPlanEmployerContributionAbstract_D0CDF3AFCF61425E9F7B3537C847FBFF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans_6324567B9975CF495BF03537C8477B60_terseLabel_en-US" xlink:label="lab_us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans_6324567B9975CF495BF03537C8477B60" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k) plan description </link:label>
<link:label id="lab_us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans_6324567B9975CF495BF03537C8477B60_label_en-US" xlink:label="lab_us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans_6324567B9975CF495BF03537C8477B60" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Description of Defined Contribution Pension and Other Postretirement Plans </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans" xlink:label="loc_us-gaap_DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans_6324567B9975CF495BF03537C8477B60" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_42CE0ACC8F3832A046CD3537C847FDC6_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_42CE0ACC8F3832A046CD3537C847FDC6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Matching contribution to eligible employee contributions </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_42CE0ACC8F3832A046CD3537C847FDC6_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployerMatchingContributionPercent_42CE0ACC8F3832A046CD3537C847FDC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Employer Matching Contribution, Percent of Employees' Gross Pay </link:label>
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<link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_D44BF9529221C4B195D13537C8470FB3_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_D44BF9529221C4B195D13537C8470FB3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Percent of eligible compensation </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_D44BF9529221C4B195D13537C8470FB3_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_D44BF9529221C4B195D13537C8470FB3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent" xlink:label="loc_us-gaap_DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent_D44BF9529221C4B195D13537C8470FB3" xlink:type="locator"/>
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<link:label id="lab_pnr_EmployeeStockOwnershipPlanContributionPercentageMatchOfCompensation_2418B2A7E7E4B15FA5AE3537C847E08A_terseLabel_en-US" xlink:label="lab_pnr_EmployeeStockOwnershipPlanContributionPercentageMatchOfCompensation_2418B2A7E7E4B15FA5AE3537C847E08A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Annual eligible compensation percentage </link:label>
<link:label id="lab_pnr_EmployeeStockOwnershipPlanContributionPercentageMatchOfCompensation_2418B2A7E7E4B15FA5AE3537C847E08A_label_en-US" xlink:label="lab_pnr_EmployeeStockOwnershipPlanContributionPercentageMatchOfCompensation_2418B2A7E7E4B15FA5AE3537C847E08A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Stock Ownership Plan Contribution Percentage Match Of Compensation </link:label>
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<link:label id="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF_terseLabel_en-US" xlink:label="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional matching contribution to eligible employee contributions </link:label>
<link:label id="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF_label_en-US" xlink:label="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Employer Additional Contribution Percent </link:label>
<link:label id="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF_documentation_en-US" xlink:label="lab_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan Employer Additional Contribution Percent </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedContributionPlanEmployerAdditionalContributionPercent" xlink:label="loc_pnr_DefinedContributionPlanEmployerAdditionalContributionPercent_2903DDFA915496D444173537C847C1DF" xlink:type="locator"/>
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<link:label id="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426_terseLabel_en-US" xlink:label="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Years of service </link:label>
<link:label id="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426_label_en-US" xlink:label="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Years Of Service </link:label>
<link:label id="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426_documentation_en-US" xlink:label="lab_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number Of Years Of Service </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NumberOfYearsOfService" xlink:label="loc_pnr_NumberOfYearsOfService_8F2B8767155D5D243B683537C8479426" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage_29442FA6E9870359FF303537C8476997_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage_29442FA6E9870359FF303537C8476997" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Matching contribution to eligible employee contributions </link:label>
<link:label id="lab_us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage_29442FA6E9870359FF303537C8476997_label_en-US" xlink:label="lab_us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage_29442FA6E9870359FF303537C8476997" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage" xlink:label="loc_us-gaap_DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage_29442FA6E9870359FF303537C8476997" xlink:type="locator"/>
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<link:label id="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36_terseLabel_en-US" xlink:label="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Participants are 100% vested in employer match </link:label>
<link:label id="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36_label_en-US" xlink:label="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Vesting Period </link:label>
<link:label id="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36_documentation_en-US" xlink:label="lab_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Employee Vesting Period </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_EmployeeVestingPeriod" xlink:label="loc_pnr_EmployeeVestingPeriod_4181441E58824A38A1F73537C847ED36" xlink:type="locator"/>
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<link:label id="lab_us-gaap_EmployeeBenefitsAndShareBasedCompensation_299EAADE839A8EE6C81C3537C847C7B8_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeBenefitsAndShareBasedCompensation_299EAADE839A8EE6C81C3537C847C7B8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 401(k) plan and ESOP combined expenese </link:label>
<link:label id="lab_us-gaap_EmployeeBenefitsAndShareBasedCompensation_299EAADE839A8EE6C81C3537C847C7B8_label_en-US" xlink:label="lab_us-gaap_EmployeeBenefitsAndShareBasedCompensation_299EAADE839A8EE6C81C3537C847C7B8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Employee Benefits and Share-based Compensation </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EmployeeBenefitsAndShareBasedCompensation" xlink:label="loc_us-gaap_EmployeeBenefitsAndShareBasedCompensation_299EAADE839A8EE6C81C3537C847C7B8" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DeferredCompensationArrangementsAbstract_9C22BB3BF795CA20575B3537C847C093_terseLabel_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementsAbstract_9C22BB3BF795CA20575B3537C847C093" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other retirement compensation </link:label>
<link:label id="lab_us-gaap_DeferredCompensationArrangementsAbstract_9C22BB3BF795CA20575B3537C847C093_label_en-US" xlink:label="lab_us-gaap_DeferredCompensationArrangementsAbstract_9C22BB3BF795CA20575B3537C847C093" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Deferred Compensation Arrangements [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DeferredCompensationArrangementsAbstract" xlink:label="loc_us-gaap_DeferredCompensationArrangementsAbstract_9C22BB3BF795CA20575B3537C847C093" xlink:type="locator"/>
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<link:label id="lab_us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent_1BC2DAA5EEE5225216493537C8477B14_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent_1BC2DAA5EEE5225216493537C8477B14" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other accrued retirement compensation </link:label>
<link:label id="lab_us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent_1BC2DAA5EEE5225216493537C8477B14_label_en-US" xlink:label="lab_us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent_1BC2DAA5EEE5225216493537C8477B14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Deferred Compensation Arrangements, Liability, Current </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent" xlink:label="loc_us-gaap_OtherDeferredCompensationArrangementsLiabilityCurrent_1BC2DAA5EEE5225216493537C8477B14" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureActualOverallAssetAllocationForUsAndNonUsPlansAsComparedToInvestmentPolicyGoalsAbstract_C7D627195DFDBAA7A3023537CF95C2AE_label_en-US" xlink:label="lab_pnr_DisclosureActualOverallAssetAllocationForUsAndNonUsPlansAsComparedToInvestmentPolicyGoalsAbstract_C7D627195DFDBAA7A3023537CF95C2AE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Actual Overall Asset Allocation For Us And Non Us Plans As Compared To Investment Policy Goals [Abstract] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureActualOverallAssetAllocationForUsAndNonUsPlansAsComparedToInvestmentPolicyGoalsAbstract" xlink:label="loc_pnr_DisclosureActualOverallAssetAllocationForUsAndNonUsPlansAsComparedToInvestmentPolicyGoalsAbstract_C7D627195DFDBAA7A3023537CF95C2AE" xlink:type="locator"/>
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<link:label id="lab_pnr_OtherSecuritiesMember_1B9E2B96B18466F8D2AC3537CF9F8797_verboseLabel_en-US" xlink:label="lab_pnr_OtherSecuritiesMember_1B9E2B96B18466F8D2AC3537CF9F8797" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Alternative </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_OtherSecuritiesMember" xlink:label="loc_pnr_OtherSecuritiesMember_1B9E2B96B18466F8D2AC3537CF9F8797" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CashMember_C33B7D2CABAF99D991B63537CF9FC9CB_terseLabel_en-US" xlink:label="lab_us-gaap_CashMember_C33B7D2CABAF99D991B63537CF9FC9CB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cash </link:label>
<link:label id="lab_us-gaap_CashMember_C33B7D2CABAF99D991B63537CF9FC9CB_label_en-US" xlink:label="lab_us-gaap_CashMember_C33B7D2CABAF99D991B63537CF9FC9CB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Cash [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CashMember" xlink:label="loc_us-gaap_CashMember_C33B7D2CABAF99D991B63537CF9FC9CB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract_3953F91E83D5DD85D0E73537CF9FD2CD_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract_3953F91E83D5DD85D0E73537CF9FD2CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Plan Assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract_3953F91E83D5DD85D0E73537CF9FD2CD_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract_3953F91E83D5DD85D0E73537CF9FD2CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets [Abstract] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssetsAbstract_3953F91E83D5DD85D0E73537CF9FD2CD" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_EDA49AB2273C860AE0F63537CF9F89BA_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_EDA49AB2273C860AE0F63537CF9F89BA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Asset allocation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_EDA49AB2273C860AE0F63537CF9F89BA_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_EDA49AB2273C860AE0F63537CF9F89BA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Plan Asset Allocations </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations" xlink:label="loc_us-gaap_DefinedBenefitPlanWeightedAverageAssetAllocations_EDA49AB2273C860AE0F63537CF9F89BA" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract_AB882E34470DB71C35383537CF9F6B0F_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract_AB882E34470DB71C35383537CF9F6B0F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Target Allocation </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract_AB882E34470DB71C35383537CF9F6B0F_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAssetsTargetAllocationsAbstract_AB882E34470DB71C35383537CF9F6B0F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Assets, Target Allocations [Abstract] </link:label>
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<link:label id="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_447C4056544347DE7ED33537D25B7004_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock_447C4056544347DE7ED33537D25B7004" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Condensed Consolidating Statement of Operations and Comprehensive Income (Loss) </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_06D60B14228ED81483891A12EC49781A_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_06D60B14228ED81483891A12EC49781A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo_06D60B14228ED81483891A12EC49781A" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_2990F0BD3C2649288B281A12EC49C2AC_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_2990F0BD3C2649288B281A12EC49C2AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2018 </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_2990F0BD3C2649288B281A12EC49C2AC_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_2990F0BD3C2649288B281A12EC49C2AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Expected Future Benefit Payments, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree_2990F0BD3C2649288B281A12EC49C2AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_694823E98E94E000D3AF1A12EC49FA4C_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_694823E98E94E000D3AF1A12EC49FA4C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2019 </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour" xlink:label="loc_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour_694823E98E94E000D3AF1A12EC49FA4C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_F95FDCA595DB8D370DEC1A12EC49600A_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive_F95FDCA595DB8D370DEC1A12EC49600A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2020 </link:label>
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<link:label id="lab_pnr_DefinedBenefitPlanExpectedFutureBenefitPaymentsAfterYearFive_00E6B5FB049918C2E6841A12EC4AFE88_terseLabel_en-US" xlink:label="lab_pnr_DefinedBenefitPlanExpectedFutureBenefitPaymentsAfterYearFive_00E6B5FB049918C2E6841A12EC4AFE88" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Thereafter </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanExpectedFutureBenefitPaymentsAfterYearFive_00E6B5FB049918C2E6841A12EC4AFE88_label_en-US" xlink:label="lab_pnr_DefinedBenefitPlanExpectedFutureBenefitPaymentsAfterYearFive_00E6B5FB049918C2E6841A12EC4AFE88" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Expected Future Benefit Payments After Year Five </link:label>
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<link:label id="lab_pnr_DisclosureEffectOfOnePercentagePointChangeInAssumedHealthcareCostTrendRatesAbstract_5548BD304535666647DA3537D3053D23_label_en-US" xlink:label="lab_pnr_DisclosureEffectOfOnePercentagePointChangeInAssumedHealthcareCostTrendRatesAbstract_5548BD304535666647DA3537D3053D23" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Effect Of One Percentage Point Change In Assumed Healthcare Cost Trend Rates [Abstract] </link:label>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents" xlink:label="loc_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents_5B405A607E503BF2DC313537D305D063" xlink:type="locator"/>
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<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation_2C6B27C324E779F1F4BE3537D305FCC5" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1_B709B46AFCBB067BE8C93537D3052E3E_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1_B709B46AFCBB067BE8C93537D3052E3E" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Effect on other post-retirement benefit obligations </link:label>
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<link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock_5A99DDB4001BDCFDD5793537C86533DD_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTextBlock_5A99DDB4001BDCFDD5793537C86533DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Reconciliations of Benefit Obligations, Plan Assets of Pension Plans and Funded Status of Plans </link:label>
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<link:label id="lab_us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock_688FE32D5B18C6B6E0483537C8652674_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAmountsRecognizedInBalanceSheetTableTextBlock_688FE32D5B18C6B6E0483537C8652674" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Amounts Recognized in Consolidated Balance Sheets </link:label>
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<link:label id="lab_us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax_6F7573D5385F417312A65C13EAB45636_terseLabel_en-US" xlink:label="lab_us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax_6F7573D5385F417312A65C13EAB45636" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Discontinued Operation, Provision for Loss (Gain) on Disposal, before Income Tax </link:label>
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<link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_C4706C081D3B4093A8873537D1BB560A_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_C4706C081D3B4093A8873537D1BB560A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Benefit Plans </link:label>
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<link:label id="lab_pnr_AccumulatedOtherComprehensiveIncomeLossNoteTextBlock_315E8FDBC9E9FDA8D3B13537CA9F3EF0_terseLabel_en-US" xlink:label="lab_pnr_AccumulatedOtherComprehensiveIncomeLossNoteTextBlock_315E8FDBC9E9FDA8D3B13537CA9F3EF0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated Other Comprehensive Income (Loss) </link:label>
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<link:label id="lab_us-gaap_AccountsAndNotesReceivableNet_E4B1C4676D438D1EE04AF10E4CCE77DA_verboseLabel_en-US" xlink:label="lab_us-gaap_AccountsAndNotesReceivableNet_E4B1C4676D438D1EE04AF10E4CCE77DA" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Accounts and notes receivable, net of allowances of $103.7 and $96.5, respectively </link:label>
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<link:label id="lab_us-gaap_Assets_7DF07FDA6F32230FF482F10E4CCE214A_totalLabel_en-US" xlink:label="lab_us-gaap_Assets_7DF07FDA6F32230FF482F10E4CCE214A" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total assets </link:label>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_BE2AB2E07A2F6C308E1EF10E4CCE97EA_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_BE2AB2E07A2F6C308E1EF10E4CCE97EA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Liabilities and Equity </link:label>
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<link:label id="lab_us-gaap_DebtCurrent_EAA619FA9848E0DFB505F10E4CCE5927_terseLabel_en-US" xlink:label="lab_us-gaap_DebtCurrent_EAA619FA9848E0DFB505F10E4CCE5927" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Current maturities of long-term debt and short-term borrowings </link:label>
<link:label id="lab_us-gaap_DebtCurrent_EAA619FA9848E0DFB505F10E4CCE5927_label_en-US" xlink:label="lab_us-gaap_DebtCurrent_EAA619FA9848E0DFB505F10E4CCE5927" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt, Current </link:label>
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<link:label id="lab_us-gaap_Liabilities_DB247CF7D951F76C0956F10E4CCE4918_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities_DB247CF7D951F76C0956F10E4CCE4918" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaap_Liabilities_DB247CF7D951F76C0956F10E4CCE4918" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities_DB247CF7D951F76C0956F10E4CCE4918" xlink:to="lab_us-gaap_Liabilities_DB247CF7D951F76C0956F10E4CCE4918" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommonStockValueOutstanding_66A7683C65A82106EE0EF10E4CCE34D7_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockValueOutstanding_66A7683C65A82106EE0EF10E4CCE34D7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Ordinary shares $0.01 par value, 426.0 authorized, 180.5 and 202.4 issued at December 31, 2015 and December 31, 2014, respectively </link:label>
<link:label id="lab_us-gaap_CommonStockValueOutstanding_66A7683C65A82106EE0EF10E4CCE34D7_label_en-US" xlink:label="lab_us-gaap_CommonStockValueOutstanding_66A7683C65A82106EE0EF10E4CCE34D7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Value, Outstanding </link:label>
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<link:label id="lab_us-gaap_TreasuryStockValue_5B4BB27553B99C547FEBF10E4CCE0CD2_negatedLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_5B4BB27553B99C547FEBF10E4CCE0CD2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Ordinary shares held in treasury, 19.9 shares at December 31, 2014 </link:label>
<link:label id="lab_us-gaap_TreasuryStockValue_5B4BB27553B99C547FEBF10E4CCE0CD2_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValue_5B4BB27553B99C547FEBF10E4CCE0CD2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value </link:label>
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<link:label id="lab_us-gaap_AdditionalPaidInCapital_8CB9E086751E6852A2C3F10E4CCED455_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_8CB9E086751E6852A2C3F10E4CCED455" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Additional paid-in capital </link:label>
<link:label id="lab_us-gaap_AdditionalPaidInCapital_8CB9E086751E6852A2C3F10E4CCED455_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapital_8CB9E086751E6852A2C3F10E4CCED455" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid in Capital </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaap_AdditionalPaidInCapital_8CB9E086751E6852A2C3F10E4CCED455" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B760F4AD8CEC129A0891F10E4CCE18E4_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B760F4AD8CEC129A0891F10E4CCE18E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>
<link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B760F4AD8CEC129A0891F10E4CCE18E4_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit_B760F4AD8CEC129A0891F10E4CCE18E4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings (Accumulated Deficit) </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_12949908843E3A882E67F10E4CCE1B70_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_12949908843E3A882E67F10E4CCE1B70" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive loss </link:label>
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<link:label id="lab_us-gaap_StockholdersEquity_169962D898C026E9D914F10E4CCE462E_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity_169962D898C026E9D914F10E4CCE462E" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Shareholders’ equity attributable to Pentair plc </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_153250BCCC3D550D567FF10E4CD86D18_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_153250BCCC3D550D567FF10E4CD86D18" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_153250BCCC3D550D567FF10E4CD86D18" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_D4DCEE3FB69C4647A660F10E4CD81EBD_totalLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity_D4DCEE3FB69C4647A660F10E4CD81EBD" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US"> Total liabilities and equity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_D4DCEE3FB69C4647A660F10E4CD81EBD" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureShareholdersEquityAdditionalInformationAbstract_6092F846E948FB7E7FC115A3BB2EB554_label_en-US" xlink:label="lab_pnr_DisclosureShareholdersEquityAdditionalInformationAbstract_6092F846E948FB7E7FC115A3BB2EB554" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Shareholders Equity Additional Information [Abstract] </link:label>
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<link:label id="lab_pnr_StockholdersEquityNoteDisclosureTable_00BAA7E82AE85A403E5915A3BB2E1DE0_terseLabel_en-US" xlink:label="lab_pnr_StockholdersEquityNoteDisclosureTable_00BAA7E82AE85A403E5915A3BB2E1DE0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Stockholders Equity Note Disclosure [Table] </link:label>
<link:label id="lab_pnr_StockholdersEquityNoteDisclosureTable_00BAA7E82AE85A403E5915A3BB2E1DE0_label_en-US" xlink:label="lab_pnr_StockholdersEquityNoteDisclosureTable_00BAA7E82AE85A403E5915A3BB2E1DE0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders Equity Note Disclosure [Table] </link:label>
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<link:label id="lab_pnr_FuturedividendsAxis_DCF205548FDDA5C43E9815A8BB4C7ED8_terseLabel_en-US" xlink:label="lab_pnr_FuturedividendsAxis_DCF205548FDDA5C43E9815A8BB4C7ED8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Future dividends [Axis] </link:label>
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<link:label id="lab_pnr_FuturedividendsDomain_B63B720F504B3108875515A8BB4CE4AD_label_en-US" xlink:label="lab_pnr_FuturedividendsDomain_B63B720F504B3108875515A8BB4CE4AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Future dividends [Domain] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_FirstQuarterMember" xlink:label="loc_pnr_FirstQuarterMember_9297DC6341FA44FFFF7215BF6626F2B0" xlink:type="locator"/>
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<link:label id="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F_terseLabel_en-US" xlink:label="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> First Quarter [Member] </link:label>
<link:label id="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F_label_en-US" xlink:label="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Second Quarter [Member] </link:label>
<link:label id="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F_documentation_en-US" xlink:label="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Second Quarter [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SecondQuarterMember" xlink:label="loc_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:to="lab_pnr_SecondQuarterMember_2C979616B6B974CE050715ADD2F8E37F" xlink:type="arc"/>
<link:label id="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78_terseLabel_en-US" xlink:label="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Third Quarter [Member] </link:label>
<link:label id="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78_label_en-US" xlink:label="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Third Quarter [Member] </link:label>
<link:label id="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78_documentation_en-US" xlink:label="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Third Quarter [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ThirdQuarterMember" xlink:label="loc_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:to="lab_pnr_ThirdQuarterMember_344EBE366A30941D427315ACF0FEBB78" xlink:type="arc"/>
<link:label id="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C_terseLabel_en-US" xlink:label="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> First Quarter [Member] </link:label>
<link:label id="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C_label_en-US" xlink:label="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Fourth Quarter [Member] </link:label>
<link:label id="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C_documentation_en-US" xlink:label="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Fourth Quarter [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_FourthQuarterMember" xlink:label="loc_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:to="lab_pnr_FourthQuarterMember_B204BBA36809B47AA62015AE41AC3B6C" xlink:type="arc"/>
<link:label id="lab_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B_terseLabel_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Scenario, Forecast [Member] </link:label>
<link:label id="lab_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B_label_en-US" xlink:label="lab_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Scenario, Forecast [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ScenarioForecastMember" xlink:label="loc_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B" xlink:to="lab_us-gaap_ScenarioForecastMember_84274BF95D7B93029AAB15A3BB2E788B" xlink:type="arc"/>
<link:label id="lab_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8_terseLabel_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Components [Axis] </link:label>
<link:label id="lab_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8_label_en-US" xlink:label="lab_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Components [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8" xlink:to="lab_us-gaap_StatementEquityComponentsAxis_13FD1DAE2D50CD3E962515A3BB2E29A8" xlink:type="arc"/>
<link:label id="lab_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Equity Component [Domain] </link:label>
<link:label id="lab_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Equity Component [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053" xlink:to="lab_us-gaap_EquityComponentDomain_038C7D67754A8F68C6C315A3BB2E5053" xlink:type="arc"/>
<link:label id="lab_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6_verboseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Treasury Stock [Member] </link:label>
<link:label id="lab_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6_label_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TreasuryStockMember" xlink:label="loc_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6" xlink:to="lab_us-gaap_TreasuryStockMember_D5798EACFE74061D5B6F15A3BB2E6EC6" xlink:type="arc"/>
<link:label id="lab_us-gaap_ShareRepurchaseProgramAxis_91A331D14D03BF8FFAB315A3BB2EB399_terseLabel_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramAxis_91A331D14D03BF8FFAB315A3BB2EB399" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Axis] </link:label>
<link:label id="lab_us-gaap_ShareRepurchaseProgramAxis_91A331D14D03BF8FFAB315A3BB2EB399_label_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramAxis_91A331D14D03BF8FFAB315A3BB2EB399" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Axis] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareRepurchaseProgramAxis" xlink:label="loc_us-gaap_ShareRepurchaseProgramAxis_91A331D14D03BF8FFAB315A3BB2EB399" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD_terseLabel_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Domain] </link:label>
<link:label id="lab_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD_label_en-US" xlink:label="lab_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Share Repurchase Program [Domain] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ShareRepurchaseProgramDomain" xlink:label="loc_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD" xlink:to="lab_us-gaap_ShareRepurchaseProgramDomain_D32A3E811BA01CE81FAF15A3BB2E36CD" xlink:type="arc"/>
<link:label id="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A_terseLabel_en-US" xlink:label="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> September 2012 Share Repurchase Program </link:label>
<link:label id="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A_label_en-US" xlink:label="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> September 2012 Share Repurchase Program [Member] </link:label>
<link:label id="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A_documentation_en-US" xlink:label="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> September 2012 Share Repurchase Program [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_September2012ShareRepurchaseProgramMember" xlink:label="loc_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:to="lab_pnr_September2012ShareRepurchaseProgramMember_CC748CE6A1745CC77B6D15A3BB2ECD4A" xlink:type="arc"/>
<link:label id="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B_terseLabel_en-US" xlink:label="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> 2012 Share Repurchase Programs [Member] </link:label>
<link:label id="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B_label_en-US" xlink:label="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> 2012 Share Repurchase Programs [Member] </link:label>
<link:label id="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B_documentation_en-US" xlink:label="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> 2012 Share Repurchase Programs [Member]. Aggregate of the September 2012 Share Repurchase Program and October 2012 Share Repurchase Program. </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_A2012ShareRepurchaseProgramsMember" xlink:label="loc_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:to="lab_pnr_A2012ShareRepurchaseProgramsMember_0E1A587EC8EEB97887B015A3BB2EE88B" xlink:type="arc"/>
<link:label id="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81_terseLabel_en-US" xlink:label="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> October 2012 Share Repurchase Program </link:label>
<link:label id="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81_label_en-US" xlink:label="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> October 2012 Share Repurchase Program [Member] </link:label>
<link:label id="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81_documentation_en-US" xlink:label="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> October 2012 Share Repurchase Program [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_October2012ShareRepurchaseProgramMember" xlink:label="loc_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:to="lab_pnr_October2012ShareRepurchaseProgramMember_019C727998EAA6C5E58115A3BB2E5F81" xlink:type="arc"/>
<link:label id="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC_terseLabel_en-US" xlink:label="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> December 2013 Share Repurchase Program </link:label>
<link:label id="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC_label_en-US" xlink:label="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> December 2013 Share Repurchase Program [Member] </link:label>
<link:label id="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC_documentation_en-US" xlink:label="lab_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> December 2013 Share Repurchase Program [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_December2013ShareRepurchaseProgramMember" xlink:label="loc_pnr_December2013ShareRepurchaseProgramMember_9636C8F0F72391CF7C4F15A3BB2E5EEC" xlink:type="locator"/>
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<link:label id="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4_terseLabel_en-US" xlink:label="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> December 2014 Share Repurchase Program [Member] [Domain] </link:label>
<link:label id="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4_label_en-US" xlink:label="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> December 2014 Share Repurchase Program [Member] [Domain] </link:label>
<link:label id="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4_documentation_en-US" xlink:label="lab_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> December 2014 Share Repurchase Program [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_December2014ShareRepurchaseProgramMemberDomain" xlink:label="loc_pnr_December2014ShareRepurchaseProgramMemberDomain_4A1C2F167A26CBD0726715A3BB2EBDB4" xlink:type="locator"/>
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<link:label id="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D_terseLabel_en-US" xlink:label="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Shareholders Equity </link:label>
<link:label id="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D_label_en-US" xlink:label="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stockholders Equity Note Disclosure [Line Items] </link:label>
<link:label id="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D_documentation_en-US" xlink:label="lab_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Stockholders Equity Note Disclosure [Line Items] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_StockholdersEquityNoteDisclosureLineItems" xlink:label="loc_pnr_StockholdersEquityNoteDisclosureLineItems_82CF4EF2D4AADFA47E4C15A3BB2E815D" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_7EAB41B2459BFA717E5315A3BB2E560B_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_7EAB41B2459BFA717E5315A3BB2E560B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Authorized amount to repurchase shares of common stock </link:label>
<link:label id="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_7EAB41B2459BFA717E5315A3BB2E560B_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramAuthorizedAmount1_7EAB41B2459BFA717E5315A3BB2E560B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Authorized Amount </link:label>
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<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_C3E371BD35632A19E72515A3BB2E48AC_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_C3E371BD35632A19E72515A3BB2E48AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock shares repurchased, shares </link:label>
<link:label id="lab_us-gaap_TreasuryStockSharesAcquired_C3E371BD35632A19E72515A3BB2E48AC_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesAcquired_C3E371BD35632A19E72515A3BB2E48AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares, Acquired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TreasuryStockSharesAcquired" xlink:label="loc_us-gaap_TreasuryStockSharesAcquired_C3E371BD35632A19E72515A3BB2E48AC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1EA5ABAA27A3955DECBE15A3BB2EF0BE_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1EA5ABAA27A3955DECBE15A3BB2EF0BE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common stock amount repurchased </link:label>
<link:label id="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1EA5ABAA27A3955DECBE15A3BB2EF0BE_label_en-US" xlink:label="lab_us-gaap_TreasuryStockValueAcquiredCostMethod_1EA5ABAA27A3955DECBE15A3BB2EF0BE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Value, Acquired, Cost Method </link:label>
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<link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_766AD80BAF8A946B5D6B15A3BB2E6ACC_terseLabel_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_766AD80BAF8A946B5D6B15A3BB2E6ACC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Remaining authorized repurchase amount </link:label>
<link:label id="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_766AD80BAF8A946B5D6B15A3BB2E6ACC_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_766AD80BAF8A946B5D6B15A3BB2E6ACC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program, Remaining Authorized Repurchase Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1" xlink:label="loc_us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1_766AD80BAF8A946B5D6B15A3BB2E6ACC" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockRepurchaseProgramExpirationDate_D56E27CF58BE4B0D16BC15A3BB2E56AF_label_en-US" xlink:label="lab_us-gaap_StockRepurchaseProgramExpirationDate_D56E27CF58BE4B0D16BC15A3BB2E56AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchase Program Expiration Date </link:label>
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<link:label id="lab_us-gaap_DividendsPayableAmountPerShare_D38E92ACC1EB1557170215A3BB2E0FAA_terseLabel_en-US" xlink:label="lab_us-gaap_DividendsPayableAmountPerShare_D38E92ACC1EB1557170215A3BB2E0FAA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends payable amount per share </link:label>
<link:label id="lab_us-gaap_DividendsPayableAmountPerShare_D38E92ACC1EB1557170215A3BB2E0FAA_label_en-US" xlink:label="lab_us-gaap_DividendsPayableAmountPerShare_D38E92ACC1EB1557170215A3BB2E0FAA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends Payable, Amount Per Share </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DividendsPayableAmountPerShare" xlink:label="loc_us-gaap_DividendsPayableAmountPerShare_D38E92ACC1EB1557170215A3BB2E0FAA" xlink:type="locator"/>
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<link:label id="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB_terseLabel_en-US" xlink:label="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> ApprovedNotDeclaredlDividends </link:label>
<link:label id="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB_label_en-US" xlink:label="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> ApprovedNotDeclaredlDividends </link:label>
<link:label id="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB_documentation_en-US" xlink:label="lab_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Approved by not declared dividend amount by the BOD for the next fiscal year. </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ApprovedNotDeclaredlDividends" xlink:label="loc_pnr_ApprovedNotDeclaredlDividends_4CDB1E1767E8C0FC795715A3BB2EBCBB" xlink:type="locator"/>
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<link:label id="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50_terseLabel_en-US" xlink:label="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends Payable, Amount Per Share, Quarterly Dividends Declared </link:label>
<link:label id="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50_label_en-US" xlink:label="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends Payable, Amount Per Share, Quarterly Dividends Declared </link:label>
<link:label id="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50_documentation_en-US" xlink:label="lab_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Dividends Payable, Amount Per Share, Quarterly Dividends Declared </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared" xlink:label="loc_pnr_DividendsPayableAmountPerShareQuarterlyDividendsDeclared_1A4CA4BB74B99987582F15A3BB2E2F50" xlink:type="locator"/>
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<link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_146A146EADDCA63F404115A3BB2E174B_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_146A146EADDCA63F404115A3BB2E174B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Dividends paid per common share </link:label>
<link:label id="lab_us-gaap_CommonStockDividendsPerShareCashPaid_146A146EADDCA63F404115A3BB2E174B_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsPerShareCashPaid_146A146EADDCA63F404115A3BB2E174B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock, Dividends, Per Share, Cash Paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommonStockDividendsPerShareCashPaid" xlink:label="loc_us-gaap_CommonStockDividendsPerShareCashPaid_146A146EADDCA63F404115A3BB2E174B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TreasuryStockSharesRetired_BE25FF18A3E974E327E515A3BB2E5571_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesRetired_BE25FF18A3E974E327E515A3BB2E5571" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares, Retired </link:label>
<link:label id="lab_us-gaap_TreasuryStockSharesRetired_BE25FF18A3E974E327E515A3BB2E5571_label_en-US" xlink:label="lab_us-gaap_TreasuryStockSharesRetired_BE25FF18A3E974E327E515A3BB2E5571" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Shares, Retired </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TreasuryStockSharesRetired" xlink:label="loc_us-gaap_TreasuryStockSharesRetired_BE25FF18A3E974E327E515A3BB2E5571" xlink:type="locator"/>
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<link:label id="lab_us-gaap_TreasuryStockRetiredCostMethodAmount_43081EAC4F3EC56895D715A3BB2EB3B3_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockRetiredCostMethodAmount_43081EAC4F3EC56895D715A3BB2EB3B3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Retired, Cost Method, Amount </link:label>
<link:label id="lab_us-gaap_TreasuryStockRetiredCostMethodAmount_43081EAC4F3EC56895D715A3BB2EB3B3_label_en-US" xlink:label="lab_us-gaap_TreasuryStockRetiredCostMethodAmount_43081EAC4F3EC56895D715A3BB2EB3B3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Treasury Stock, Retired, Cost Method, Amount </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TreasuryStockRetiredCostMethodAmount" xlink:label="loc_us-gaap_TreasuryStockRetiredCostMethodAmount_43081EAC4F3EC56895D715A3BB2EB3B3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_551F95E5AB81CC87D0481A12ECEC5BB1_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis_551F95E5AB81CC87D0481A12ECEC5BB1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Risk [Axis] </link:label>
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<link:label id="lab_us-gaap_DerivativeContractTypeDomain_B13550722D68D06EBD6B1A12ECECE8FE_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain_B13550722D68D06EBD6B1A12ECECE8FE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Contract Type [Domain] </link:label>
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<link:label id="lab_pnr_AugustTwentyZeroSevenInterestRateSwapAgreementMember_0713405E2007B0E109E51A12ECECAA1F_terseLabel_en-US" xlink:label="lab_pnr_AugustTwentyZeroSevenInterestRateSwapAgreementMember_0713405E2007B0E109E51A12ECECAA1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> August 2007 Interest Rate Swap Agreement </link:label>
<link:label id="lab_pnr_AugustTwentyZeroSevenInterestRateSwapAgreementMember_0713405E2007B0E109E51A12ECECAA1F_label_en-US" xlink:label="lab_pnr_AugustTwentyZeroSevenInterestRateSwapAgreementMember_0713405E2007B0E109E51A12ECECAA1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> August Twenty Zero Seven Interest Rate Swap Agreement [Member] </link:label>
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<link:label id="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375_terseLabel_en-US" xlink:label="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> September 2005 Interest Rate Swap Agreement </link:label>
<link:label id="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375_label_en-US" xlink:label="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> September Twenty Zero Five Interest Rate Swap Agreement [Member] </link:label>
<link:label id="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375_documentation_en-US" xlink:label="lab_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> September 2005 Interest Rate Swap Agreement [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember" xlink:label="loc_pnr_SeptemberTwentyZeroFiveInterestRateSwapAgreementMember_F0842466C7700C91D3DC1A12ECEC7375" xlink:type="locator"/>
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<link:label id="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC_terseLabel_en-US" xlink:label="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Disclosure [Axis] </link:label>
<link:label id="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC_label_en-US" xlink:label="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Disclosure [Axis] </link:label>
<link:label id="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC_documentation_en-US" xlink:label="lab_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Disclosure [Axis] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DerivativeInstrumentDisclosureAxis" xlink:label="loc_pnr_DerivativeInstrumentDisclosureAxis_F94281B05992FA9E0E2E1A12ECECA2DC" xlink:type="locator"/>
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<link:label id="lab_pnr_DerivativeInstrumentDisclosureDomain_A15725CA86164C0B5CA81A12ECEC2A5B_terseLabel_en-US" xlink:label="lab_pnr_DerivativeInstrumentDisclosureDomain_A15725CA86164C0B5CA81A12ECEC2A5B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Disclosure [Domain] </link:label>
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<link:label id="lab_pnr_DerivativeInstrumentDisclosureDomain_A15725CA86164C0B5CA81A12ECEC2A5B_documentation_en-US" xlink:label="lab_pnr_DerivativeInstrumentDisclosureDomain_A15725CA86164C0B5CA81A12ECEC2A5B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Disclosure [Domain] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DerivativeInstrumentDisclosureDomain" xlink:label="loc_pnr_DerivativeInstrumentDisclosureDomain_A15725CA86164C0B5CA81A12ECEC2A5B" xlink:type="locator"/>
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<link:label id="lab_us-gaap_InterestRateSwapMember_58B3A17D590836080D8A1A12ECEC2951_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_58B3A17D590836080D8A1A12ECEC2951" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest Rate Swap </link:label>
<link:label id="lab_us-gaap_InterestRateSwapMember_58B3A17D590836080D8A1A12ECEC2951_label_en-US" xlink:label="lab_us-gaap_InterestRateSwapMember_58B3A17D590836080D8A1A12ECEC2951" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Interest Rate Swap [Member] </link:label>
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<link:label id="lab_us-gaap_ForeignExchangeContractMember_B657C3F75CF6DD1909041A12ECEC0D1F_terseLabel_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_B657C3F75CF6DD1909041A12ECEC0D1F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cross Currency Interest Rate Contract [Member] </link:label>
<link:label id="lab_us-gaap_ForeignExchangeContractMember_B657C3F75CF6DD1909041A12ECEC0D1F_label_en-US" xlink:label="lab_us-gaap_ForeignExchangeContractMember_B657C3F75CF6DD1909041A12ECEC0D1F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Foreign Exchange Contract [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ForeignExchangeContractMember" xlink:label="loc_us-gaap_ForeignExchangeContractMember_B657C3F75CF6DD1909041A12ECEC0D1F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DerivativeByNatureAxis_C8D05E0662F5EDCDFC201A12ECECEEB2_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_C8D05E0662F5EDCDFC201A12ECECEEB2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative, by Nature [Axis] </link:label>
<link:label id="lab_us-gaap_DerivativeByNatureAxis_C8D05E0662F5EDCDFC201A12ECECEEB2_label_en-US" xlink:label="lab_us-gaap_DerivativeByNatureAxis_C8D05E0662F5EDCDFC201A12ECECEEB2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, by Nature [Axis] </link:label>
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<link:label id="lab_us-gaap_DerivativeNameDomain_A85EFC308E99E03647991A12ECECF373_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNameDomain_A85EFC308E99E03647991A12ECECF373" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative, Name [Domain] </link:label>
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<link:label id="lab_pnr_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_FF12462C61C780C7AFBE1A12ECECAA3A_terseLabel_en-US" xlink:label="lab_pnr_DerivativeInstrumentsAndHedgingActivitiesDisclosureLineItems_FF12462C61C780C7AFBE1A12ECECAA3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative Instruments and Hedging Activities Disclosure [Line Items] </link:label>
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<link:label id="lab_us-gaap_DerivativeInceptionDates_8856F769CF91BFA5A9741A12ECED2968_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInceptionDates_8856F769CF91BFA5A9741A12ECED2968" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effective date of the fixed rate swap </link:label>
<link:label id="lab_us-gaap_DerivativeInceptionDates_8856F769CF91BFA5A9741A12ECED2968_label_en-US" xlink:label="lab_us-gaap_DerivativeInceptionDates_8856F769CF91BFA5A9741A12ECED2968" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Inception Date </link:label>
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<link:label id="lab_us-gaap_DerivativeFixedInterestRate_0A022866D5B5808420551A12ECED3FFC_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_0A022866D5B5808420551A12ECED3FFC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Fixed interest rate paid </link:label>
<link:label id="lab_us-gaap_DerivativeFixedInterestRate_0A022866D5B5808420551A12ECED3FFC_label_en-US" xlink:label="lab_us-gaap_DerivativeFixedInterestRate_0A022866D5B5808420551A12ECED3FFC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Fixed Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeFixedInterestRate" xlink:label="loc_us-gaap_DerivativeFixedInterestRate_0A022866D5B5808420551A12ECED3FFC" xlink:type="locator"/>
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<link:label id="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733_terseLabel_en-US" xlink:label="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Swap agreement expiration </link:label>
<link:label id="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733_label_en-US" xlink:label="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Maturity Month And Year </link:label>
<link:label id="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733_documentation_en-US" xlink:label="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative, Maturity Month and Year </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DerivativeMaturityMonthAndYear" xlink:label="loc_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:to="lab_pnr_DerivativeMaturityMonthAndYear_CCBA58F99E44F162F8A81A12ECEDA733" xlink:type="arc"/>
<link:label id="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7_terseLabel_en-US" xlink:label="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Effective fixed rate paid on debt </link:label>
<link:label id="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7_label_en-US" xlink:label="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Debt Instrument Effective Interest Rate Percentage After Interest Rate Swap </link:label>
<link:label id="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7_documentation_en-US" xlink:label="lab_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Debt Instrument, Effective Interest Rate, Percentage after Interest Rate Swap </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap" xlink:label="loc_pnr_DebtInstrumentEffectiveInterestRatePercentageAfterInterestRateSwap_FC4311936EDB5675E3461A12ECED8AE7" xlink:type="locator"/>
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<link:label id="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E_terseLabel_en-US" xlink:label="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Interest rate spread over LIBOR </link:label>
<link:label id="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E_label_en-US" xlink:label="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Basis Spread On Fixed Rate </link:label>
<link:label id="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E_documentation_en-US" xlink:label="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative, Basis Spread on Fixed Rate </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DerivativeBasisSpreadOnFixedRate" xlink:label="loc_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:to="lab_pnr_DerivativeBasisSpreadOnFixedRate_2EC77FC152A52CF8953A1A12ECED352E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD_terseLabel_en-US" xlink:label="lab_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Location of the swap on the consolidated balance sheets </link:label>
<link:label id="lab_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD_label_en-US" xlink:label="lab_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Description of Location of Interest Rate Cash Flow Hedge Derivative on Balance Sheet </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet" xlink:label="loc_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD" xlink:to="lab_us-gaap_DescriptionOfLocationOfInterestRateCashFlowHedgeDerivativeOnBalanceSheet_1F897A8272AEEFD595471A12ECED20DD" xlink:type="arc"/>
<link:label id="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Incremental expense resulting from interest rate swaps </link:label>
<link:label id="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08_label_en-US" xlink:label="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Interest Rate Cash Flow Hedge Ineffectiveness </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness" xlink:label="loc_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08" xlink:to="lab_us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness_C8830C4BC23FB500B3C71A12ECED5F08" xlink:type="arc"/>
<link:label id="lab_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Average swap interest rate </link:label>
<link:label id="lab_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50_label_en-US" xlink:label="lab_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative, Average Swaption Interest Rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DerivativeAverageSwaptionInterestRate" xlink:label="loc_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50" xlink:to="lab_us-gaap_DerivativeAverageSwaptionInterestRate_D320D19B64D6683505FF1A12ECED1E50" xlink:type="arc"/>
<link:label id="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7_terseLabel_en-US" xlink:label="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Cost of expiration (termination) </link:label>
<link:label id="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7_label_en-US" xlink:label="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Derivatives Terminations </link:label>
<link:label id="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7_documentation_en-US" xlink:label="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Notional Amount Of Derivatives, Terminations </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NotionalAmountOfDerivativesTerminations" xlink:label="loc_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:to="lab_pnr_NotionalAmountOfDerivativesTerminations_4C7494F94096E51E75121A12ECED02B7" xlink:type="arc"/>
<link:label id="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80_terseLabel_en-US" xlink:label="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Derivative instrument contractual life </link:label>
<link:label id="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80_label_en-US" xlink:label="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Derivative Instrument Contractual Life </link:label>
<link:label id="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80_documentation_en-US" xlink:label="lab_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Derivative Instrument, Contractual Life </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DerivativeInstrumentContractualLife" xlink:label="loc_pnr_DerivativeInstrumentContractualLife_D7B38A899E7A2CA4E9401A12ECED0E80" xlink:type="locator"/>
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<link:label id="lab_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss_4DE75341E3A97387BD271A12ECEDCB28_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss_4DE75341E3A97387BD271A12ECEDCB28" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Unrealized net loss </link:label>
<link:label id="lab_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss_4DE75341E3A97387BD271A12ECEDCB28_label_en-US" xlink:label="lab_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss_4DE75341E3A97387BD271A12ECEDCB28" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Unrealized Gain (Loss) on Interest Rate Cash Flow Hedges, Pretax, Accumulated Other Comprehensive Income (Loss) </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss" xlink:label="loc_us-gaap_UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss_4DE75341E3A97387BD271A12ECEDCB28" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009_terseLabel_en-US" xlink:label="lab_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Description of Net Investment Hedge Activity </link:label>
<link:label id="lab_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009_label_en-US" xlink:label="lab_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Description of Net Investment Hedge Activity </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DescriptionOfNetInvestmentHedgeActivity" xlink:label="loc_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009" xlink:to="lab_us-gaap_DescriptionOfNetInvestmentHedgeActivity_9281CACAD66A7666903F1A12ECEE0009" xlink:type="arc"/>
<link:label id="lab_us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax_56C06B499554521C2CE21A12ECEE5358_terseLabel_en-US" xlink:label="lab_us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax_56C06B499554521C2CE21A12ECEE5358" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Derivative Used in Net Investment Hedge, Net of Tax </link:label>
<link:label id="lab_us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax_56C06B499554521C2CE21A12ECEE5358_label_en-US" xlink:label="lab_us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax_56C06B499554521C2CE21A12ECEE5358" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Gain (Loss) on Derivative Used in Net Investment Hedge, Net of Tax </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax" xlink:label="loc_us-gaap_TranslationAdjustmentForNetInvestmentHedgeIncreaseDecreaseNetOfTax_56C06B499554521C2CE21A12ECEE5358" xlink:type="locator"/>
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<link:label id="lab_pnr_DisclosureDebtOutstandingMaturesOnCalendarYearBasisAbstract_EE567B05DBB2E55763691A12ECF7392D_label_en-US" xlink:label="lab_pnr_DisclosureDebtOutstandingMaturesOnCalendarYearBasisAbstract_EE567B05DBB2E55763691A12ECF7392D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Debt Outstanding Matures On Calendar Year Basis [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureDebtOutstandingMaturesOnCalendarYearBasisAbstract_EE567B05DBB2E55763691A12ECF7392D_documentation_en-US" xlink:label="lab_pnr_DisclosureDebtOutstandingMaturesOnCalendarYearBasisAbstract_EE567B05DBB2E55763691A12ECF7392D" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Debt Outstanding Matures on Calendar Year Basis [Abstract] </link:label>
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<link:label id="lab_pnr_ContractualMaturityMember_C6454939962E990687921A12ECF8A52F_terseLabel_en-US" xlink:label="lab_pnr_ContractualMaturityMember_C6454939962E990687921A12ECF8A52F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Contractual Maturity </link:label>
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<link:label id="lab_us-gaap_CapitalLeaseObligationsMember_535E975C6E8503AAEA861A12ECF858F2_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsMember_535E975C6E8503AAEA861A12ECF858F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital Lease Obligations </link:label>
<link:label id="lab_us-gaap_CapitalLeaseObligationsMember_535E975C6E8503AAEA861A12ECF858F2_label_en-US" xlink:label="lab_us-gaap_CapitalLeaseObligationsMember_535E975C6E8503AAEA861A12ECF858F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Capital Lease Obligations [Member] </link:label>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_702F3DF5DC8DDD1B6F231A12ECF8A9BB_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_702F3DF5DC8DDD1B6F231A12ECF8A9BB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt outstanding maturities 2016 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_702F3DF5DC8DDD1B6F231A12ECF8A9BB_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_702F3DF5DC8DDD1B6F231A12ECF8A9BB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths_702F3DF5DC8DDD1B6F231A12ECF8A9BB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_75DE4C5872A0F9F818F51A12ECF8BC6F_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_75DE4C5872A0F9F818F51A12ECF8BC6F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt outstanding maturities 2017 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_75DE4C5872A0F9F818F51A12ECF8BC6F_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_75DE4C5872A0F9F818F51A12ECF8BC6F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo_75DE4C5872A0F9F818F51A12ECF8BC6F" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_423F504B477CF53300DF1A12ECF8B0E5_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_423F504B477CF53300DF1A12ECF8B0E5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt outstanding maturities 2018 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_423F504B477CF53300DF1A12ECF8B0E5_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree_423F504B477CF53300DF1A12ECF8B0E5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Three </link:label>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_B38F773BF6629FC8692B1A12ECF86741_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_B38F773BF6629FC8692B1A12ECF86741" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour_B38F773BF6629FC8692B1A12ECF86741" xlink:type="locator"/>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DB1D932CF882DD9B7D021A12ECF8043E_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DB1D932CF882DD9B7D021A12ECF8043E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt outstanding maturities 2020 </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DB1D932CF882DD9B7D021A12ECF8043E_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive_DB1D932CF882DD9B7D021A12ECF8043E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal in Year Five </link:label>
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<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_9D6E0DE4581C2F9258101A12ECF81914_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_9D6E0DE4581C2F9258101A12ECF81914" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt outstanding maturities Thereafter </link:label>
<link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_9D6E0DE4581C2F9258101A12ECF81914_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_9D6E0DE4581C2F9258101A12ECF81914" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long-term Debt, Maturities, Repayments of Principal after Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive_9D6E0DE4581C2F9258101A12ECF81914" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_DE4152FB644B3F107B76EFD3068B823D_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract_DE4152FB644B3F107B76EFD3068B823D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Statement of Stockholders' Equity [Abstract] </link:label>
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<link:label id="lab_us-gaap_CommonStockMember_65ED68F396907E8455E3EFD3068B3E36_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_65ED68F396907E8455E3EFD3068B3E36" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Common shares </link:label>
<link:label id="lab_us-gaap_CommonStockMember_65ED68F396907E8455E3EFD3068B3E36_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_65ED68F396907E8455E3EFD3068B3E36" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Common Stock [Member] </link:label>
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<link:label id="lab_us-gaap_TreasuryStockMember_757B69F90247707BD92EEFD3068B5B07_terseLabel_en-US" xlink:label="lab_us-gaap_TreasuryStockMember_757B69F90247707BD92EEFD3068B5B07" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Treasury shares </link:label>
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<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_2C01D3D2A6747061C65CEFD3068B1F3A_terseLabel_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_2C01D3D2A6747061C65CEFD3068B1F3A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Capital contribution reserve </link:label>
<link:label id="lab_us-gaap_AdditionalPaidInCapitalMember_2C01D3D2A6747061C65CEFD3068B1F3A_label_en-US" xlink:label="lab_us-gaap_AdditionalPaidInCapitalMember_2C01D3D2A6747061C65CEFD3068B1F3A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Additional Paid-in Capital [Member] </link:label>
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<link:label id="lab_us-gaap_RetainedEarningsMember_01581D7FAE6520533381EFD3068BBE5F_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_01581D7FAE6520533381EFD3068BBE5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Retained earnings </link:label>
<link:label id="lab_us-gaap_RetainedEarningsMember_01581D7FAE6520533381EFD3068BBE5F_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember_01581D7FAE6520533381EFD3068BBE5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Retained Earnings [Member] </link:label>
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<link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4E0884F405F3509CB31AEFD3068B1379_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_4E0884F405F3509CB31AEFD3068B1379" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Accumulated other comprehensive income (loss) </link:label>
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<link:label id="lab_us-gaap_ParentMember_F244E4219688EC7EBE21EFD3068BE2E4_terseLabel_en-US" xlink:label="lab_us-gaap_ParentMember_F244E4219688EC7EBE21EFD3068BE2E4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Total Pentair plc </link:label>
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<link:label id="lab_us-gaap_NoncontrollingInterestMember_1B5C26479F15DCC5B609EFD3068B9CAB_terseLabel_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_1B5C26479F15DCC5B609EFD3068B9CAB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling interest </link:label>
<link:label id="lab_us-gaap_NoncontrollingInterestMember_1B5C26479F15DCC5B609EFD3068B9CAB_label_en-US" xlink:label="lab_us-gaap_NoncontrollingInterestMember_1B5C26479F15DCC5B609EFD3068B9CAB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest [Member] </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_3CB1A9A7582E3FCAD7E5EFD3068B5F84_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_3CB1A9A7582E3FCAD7E5EFD3068B5F84" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_3CB1A9A7582E3FCAD7E5EFD3068B5F84" xlink:type="locator"/>
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<link:label id="lab_us-gaap_SharesOutstanding_AA5DF9AA58F72CBF8390EFD3068BAF14_negatedPeriodStartLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_AA5DF9AA58F72CBF8390EFD3068BAF14" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:type="resource" xml:lang="en-US"> Balance (in shares) </link:label>
<link:label id="lab_us-gaap_SharesOutstanding_AA5DF9AA58F72CBF8390EFD3068BAF14_label_en-US" xlink:label="lab_us-gaap_SharesOutstanding_AA5DF9AA58F72CBF8390EFD3068BAF14" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares, Outstanding </link:label>
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<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_586F0D132B3C2E9576C6EFD3068BB734_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_586F0D132B3C2E9576C6EFD3068BB734" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Other comprehensive income (loss), net of tax </link:label>
<link:label id="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_586F0D132B3C2E9576C6EFD3068BB734_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossNetOfTax_586F0D132B3C2E9576C6EFD3068BB734" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Other Comprehensive Income (Loss), Net of Tax </link:label>
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<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_444A6A6EFBDA6DCE8653EFD3068B6C33_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_444A6A6EFBDA6DCE8653EFD3068B6C33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Tax benefit of share-based compensation </link:label>
<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_444A6A6EFBDA6DCE8653EFD3068B6C33_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation_444A6A6EFBDA6DCE8653EFD3068B6C33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation </link:label>
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<link:label id="lab_us-gaap_DividendsCommonStock_5CEEBC15926B92548CBCEFD3068BBC7C_negatedLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_5CEEBC15926B92548CBCEFD3068BBC7C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Dividends declared </link:label>
<link:label id="lab_us-gaap_DividendsCommonStock_5CEEBC15926B92548CBCEFD3068BBC7C_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStock_5CEEBC15926B92548CBCEFD3068BBC7C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Dividends, Common Stock </link:label>
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<link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_F001CF7FCBEE86A63602EFD3068B0E4E_negatedLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_F001CF7FCBEE86A63602EFD3068B0E4E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Distribution to noncontrolling interest </link:label>
<link:label id="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_F001CF7FCBEE86A63602EFD3068B0E4E_label_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_F001CF7FCBEE86A63602EFD3068B0E4E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders_F001CF7FCBEE86A63602EFD3068B0E4E" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_3265E6F0A86197992482EFD3068BB0F7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_MinorityInterestDecreaseFromRedemptions_3265E6F0A86197992482EFD3068BB0F7" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US"> Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_MinorityInterestDecreaseFromRedemptions" xlink:label="loc_us-gaap_MinorityInterestDecreaseFromRedemptions_3265E6F0A86197992482EFD3068BB0F7" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ConversionOfStockAmountIssued1_970E46A488317031DDB4EFD3068BC675_terseLabel_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountIssued1_970E46A488317031DDB4EFD3068BC675" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Conversion of Stock, Amount Issued </link:label>
<link:label id="lab_us-gaap_ConversionOfStockAmountIssued1_970E46A488317031DDB4EFD3068BC675_label_en-US" xlink:label="lab_us-gaap_ConversionOfStockAmountIssued1_970E46A488317031DDB4EFD3068BC675" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Conversion of Stock, Amount Issued </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_ConversionOfStockAmountIssued1" xlink:label="loc_us-gaap_ConversionOfStockAmountIssued1_970E46A488317031DDB4EFD3068BC675" xlink:type="locator"/>
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<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_AD706E7DB854E7801CA9EFD3068B0429_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_AD706E7DB854E7801CA9EFD3068B0429" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Share repurchase (in shares) </link:label>
<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodShares_AD706E7DB854E7801CA9EFD3068B0429_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodShares_AD706E7DB854E7801CA9EFD3068B0429" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchased During Period, Shares </link:label>
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<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_EBDB08E80E608F5EC93DEFD3068B1729_negatedLabel_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_EBDB08E80E608F5EC93DEFD3068B1729" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Share repurchase </link:label>
<link:label id="lab_us-gaap_StockRepurchasedDuringPeriodValue_EBDB08E80E608F5EC93DEFD3068B1729_label_en-US" xlink:label="lab_us-gaap_StockRepurchasedDuringPeriodValue_EBDB08E80E608F5EC93DEFD3068B1729" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Stock Repurchased During Period, Value </link:label>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_23F17870191D41B5B75FEFD3068B36C5_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised_23F17870191D41B5B75FEFD3068B36C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Exercise of options, net of shares tendered for payment (in shares) </link:label>
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<link:label id="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_5C1BAAC61EDB1A6BBF60EFD3068B8D9F_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures_5C1BAAC61EDB1A6BBF60EFD3068B8D9F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Issuance of restricted shares, net of cancellations (in shares) </link:label>
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<link:label id="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0_negatedLabel_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Shares surrendered by employees to pay taxes (in shares) </link:label>
<link:label id="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0_label_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares Surrendered By Employees Shares </link:label>
<link:label id="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0_documentation_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployeesShares_D102341995D888AF38B8EFD3068B15A0" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Shares Surrendered By Employees, Shares </link:label>
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<link:label id="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC_negatedLabel_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Shares surrendered by employees to pay taxes </link:label>
<link:label id="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC_label_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Shares Surrendered By Employees </link:label>
<link:label id="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC_documentation_en-US" xlink:label="lab_pnr_SharesSurrenderedByEmployees_55B8EAC353CEAD5A74D9EFD3068B63CC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Shares Surrendered By Employees </link:label>
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<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_DD52629337BA4D2C1898EFD3068BB5E1_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_DD52629337BA4D2C1898EFD3068BB5E1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Share-based compensation </link:label>
<link:label id="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_DD52629337BA4D2C1898EFD3068BB5E1_label_en-US" xlink:label="lab_us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue_DD52629337BA4D2C1898EFD3068BB5E1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Adjustments to Additional Paid in Capital, Share-based Compensation, Requisite Service Period Recognition </link:label>
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<link:label id="lab_us-gaap_SharesOutstanding_92EA29AFF6EA55631F6CEFD3068BF4E7_negatedPeriodEndLabel_en-US" xlink:label="lab_us-gaap_SharesOutstanding_92EA29AFF6EA55631F6CEFD3068BF4E7" xlink:role="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:type="resource" xml:lang="en-US"> Balance (in shares) </link:label>
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<link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D5699535FFE1B9038E25EFD3068B16F0_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D5699535FFE1B9038E25EFD3068B16F0" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Ending Balance </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_D5699535FFE1B9038E25EFD3068B16F0" xlink:type="locator"/>
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<link:label id="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_3B44B16197CDC0D1FA933537CC7F1C8F_terseLabel_en-US" xlink:label="lab_us-gaap_MergersAcquisitionsAndDispositionsDisclosuresTextBlock_3B44B16197CDC0D1FA933537CC7F1C8F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Acquisitions </link:label>
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<link:label id="lab_pnr_DisclosureRestructuringAdditionalInformationAbstract_D72BFDFC9E4FB3587B081A2D01E0FAA3_label_en-US" xlink:label="lab_pnr_DisclosureRestructuringAdditionalInformationAbstract_D72BFDFC9E4FB3587B081A2D01E0FAA3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Restructuring Additional Information [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureRestructuringAdditionalInformationAbstract_D72BFDFC9E4FB3587B081A2D01E0FAA3_documentation_en-US" xlink:label="lab_pnr_DisclosureRestructuringAdditionalInformationAbstract_D72BFDFC9E4FB3587B081A2D01E0FAA3" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Restructuring Additional Information [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureRestructuringAdditionalInformationAbstract" xlink:label="loc_pnr_DisclosureRestructuringAdditionalInformationAbstract_D72BFDFC9E4FB3587B081A2D01E0FAA3" xlink:type="locator"/>
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<link:label id="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_6FFAFE14C44F27D6EB4D1A2D01E0A04C_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_6FFAFE14C44F27D6EB4D1A2D01E0A04C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of employees </link:label>
<link:label id="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_6FFAFE14C44F27D6EB4D1A2D01E0A04C_label_en-US" xlink:label="lab_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_6FFAFE14C44F27D6EB4D1A2D01E0A04C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Restructuring and Related Cost, Number of Positions Eliminated </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated" xlink:label="loc_us-gaap_RestructuringAndRelatedCostNumberOfPositionsEliminated_6FFAFE14C44F27D6EB4D1A2D01E0A04C" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_5CCDCA835B56552EECD03537CE19141A_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_5CCDCA835B56552EECD03537CE19141A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt and Average Interest Rates on Debt Outstanding </link:label>
<link:label id="lab_us-gaap_ScheduleOfDebtTableTextBlock_5CCDCA835B56552EECD03537CE19141A_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDebtTableTextBlock_5CCDCA835B56552EECD03537CE19141A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Debt [Table Text Block] </link:label>
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<link:label id="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F_terseLabel_en-US" xlink:label="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Debt Outstanding Matures on Calendar Year Basis </link:label>
<link:label id="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F_label_en-US" xlink:label="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule Of Maturities Of Debt Disclosure [Text Block] </link:label>
<link:label id="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F_documentation_en-US" xlink:label="lab_pnr_ScheduleOfMaturitiesOfDebtDisclosureTextBlock_6D4503714CB362FAF8373537CE19FD5F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Schedule of Maturities of Debt Disclosure. </link:label>
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<link:label id="lab_pnr_DisclosureBusinessSegmentsAdditionalInformationAbstract_8B42960523EB957364403537D3191FC9_label_en-US" xlink:label="lab_pnr_DisclosureBusinessSegmentsAdditionalInformationAbstract_8B42960523EB957364403537D3191FC9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Business Segments Additional Information [Abstract] </link:label>
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<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureBusinessSegmentsAdditionalInformationAbstract" xlink:label="loc_pnr_DisclosureBusinessSegmentsAdditionalInformationAbstract_8B42960523EB957364403537D3191FC9" xlink:type="locator"/>
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<link:label id="lab_us-gaap_ScheduleOfEntityWideRevenueByMajorCustomersByReportingSegmentsTable_BD749C850F98B954FE973537D319BEF4_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfEntityWideRevenueByMajorCustomersByReportingSegmentsTable_BD749C850F98B954FE973537D319BEF4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Schedule of Revenue by Major Customers, by Reporting Segments [Table] </link:label>
<link:label id="lab_us-gaap_ScheduleOfEntityWideRevenueByMajorCustomersByReportingSegmentsTable_BD749C850F98B954FE973537D319BEF4_label_en-US" xlink:label="lab_us-gaap_ScheduleOfEntityWideRevenueByMajorCustomersByReportingSegmentsTable_BD749C850F98B954FE973537D319BEF4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Schedule of Revenue by Major Customers, by Reporting Segments [Table] </link:label>
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<link:label id="lab_us-gaap_CustomerConcentrationRiskMember_4133949CA02C0EDC1E833537D3199E71_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerConcentrationRiskMember_4133949CA02C0EDC1E833537D3199E71" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Customer Concentration Risk </link:label>
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<link:label id="lab_us-gaap_EntityWideRevenueMajorCustomerLineItems_7353672E909EBEEAE3E73537D3196348_terseLabel_en-US" xlink:label="lab_us-gaap_EntityWideRevenueMajorCustomerLineItems_7353672E909EBEEAE3E73537D3196348" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Revenue, Major Customer [Line Items] </link:label>
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<link:label id="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA_terseLabel_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Number of significant customers </link:label>
<link:label id="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA_label_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Number Of Customers With Significant Revenue </link:label>
<link:label id="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA_documentation_en-US" xlink:label="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Number Of Customers With Significant Revenue </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_NumberOfCustomersWithSignificantRevenue" xlink:label="loc_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:to="lab_pnr_NumberOfCustomersWithSignificantRevenue_D15F0BFA204580A0F0DF3537D319E3FA" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC_label_en-US" xlink:label="lab_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Debt And Average Interest Rates On Debt Outstanding [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC_documentation_en-US" xlink:label="lab_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Debt and Average Interest Rates on Debt Outstanding [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract" xlink:label="loc_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC" xlink:to="lab_pnr_DisclosureDebtAndAverageInterestRatesOnDebtOutstandingAbstract_019A23C96D2085D3BF261DC3E76023EC" xlink:type="arc"/>
<link:label id="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A_terseLabel_en-US" xlink:label="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Long Term Revolving Credit Facility [Member] </link:label>
<link:label id="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A_label_en-US" xlink:label="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Long Term Revolving Credit Facility [Member] </link:label>
<link:label id="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A_documentation_en-US" xlink:label="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Long Term Revolving Credit Facility [Member] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_LongTermRevolvingCreditFacilityMember" xlink:label="loc_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:to="lab_pnr_LongTermRevolvingCreditFacilityMember_C866A86EBAF7C57EA9981DC3E760864A" xlink:type="arc"/>
<link:label id="lab_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34_terseLabel_en-US" xlink:label="lab_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Commercial Paper </link:label>
<link:label id="lab_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34_label_en-US" xlink:label="lab_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Commercial Paper [Member] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_CommercialPaperMember" xlink:label="loc_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34" xlink:to="lab_us-gaap_CommercialPaperMember_3683D1AC00E1FA11CE311DC3E7609E34" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtWeightedAverageInterestRate_76FCD035622A2DA6F5551DC3E760C8C3_verboseLabel_en-US" xlink:label="lab_us-gaap_DebtWeightedAverageInterestRate_76FCD035622A2DA6F5551DC3E760C8C3" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US"> Debt, average interest rate </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtWeightedAverageInterestRate" xlink:label="loc_us-gaap_DebtWeightedAverageInterestRate_76FCD035622A2DA6F5551DC3E760C8C3" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtWeightedAverageInterestRate_76FCD035622A2DA6F5551DC3E760C8C3" xlink:to="lab_us-gaap_DebtWeightedAverageInterestRate_76FCD035622A2DA6F5551DC3E760C8C3" xlink:type="arc"/>
<link:label id="lab_us-gaap_DebtCurrent_DD43FA664D1348E0A6741DC3E7600E06_negatedLabel_en-US" xlink:label="lab_us-gaap_DebtCurrent_DD43FA664D1348E0A6741DC3E7600E06" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Less: Current maturities and short-term borrowings </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DebtCurrent" xlink:label="loc_us-gaap_DebtCurrent_DD43FA664D1348E0A6741DC3E7600E06" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtCurrent_DD43FA664D1348E0A6741DC3E7600E06" xlink:to="lab_us-gaap_DebtCurrent_DD43FA664D1348E0A6741DC3E7600E06" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129_label_en-US" xlink:label="lab_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Estimated Future Amortization Expense For Identifiable Intangible Assets [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129_documentation_en-US" xlink:label="lab_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure - Estimated Future Amortization Expense for Identifiable Intangible Assets [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract" xlink:label="loc_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129" xlink:to="lab_pnr_DisclosureEstimatedFutureAmortizationExpenseForIdentifiableIntangibleAssetsAbstract_D3EE8B3D954A2E26F0831A12ED3B7129" xlink:type="arc"/>
<link:label id="lab_pnr_ExpectedAmortizationExpenseLineItems_BE820B387A234A341BA91A12ED3B4C04_terseLabel_en-US" xlink:label="lab_pnr_ExpectedAmortizationExpenseLineItems_BE820B387A234A341BA91A12ED3B4C04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Expected Amortization Expense </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_ExpectedAmortizationExpenseLineItems" xlink:label="loc_pnr_ExpectedAmortizationExpenseLineItems_BE820B387A234A341BA91A12ED3B4C04" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_ExpectedAmortizationExpenseLineItems_BE820B387A234A341BA91A12ED3B4C04" xlink:to="lab_pnr_ExpectedAmortizationExpenseLineItems_BE820B387A234A341BA91A12ED3B4C04" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated amortization expense 2016 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_66F4BCD89E0B9D5683F31A12ED3B5857" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated amortization expense 2017 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Two </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_1B0C65974CC0363E5CEF1A12ED3B5D2C" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated amortization expense 2018 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Three </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_4545542BD21FB1DE48241A12ED3C7142" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated amortization expense 2019 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Four </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_EF6DA7FDDCF979DC5BA81A12ED3C82CE" xlink:type="arc"/>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9_terseLabel_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Estimated amortization expense 2020 </link:label>
<link:label id="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9_label_en-US" xlink:label="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Finite-Lived Intangible Assets, Amortization Expense, Year Five </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9" xlink:to="lab_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFive_6B05A398DB94F033790A1A12ED3C24D9" xlink:type="arc"/>
<link:label id="lab_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E_label_en-US" xlink:label="lab_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Disclosure Components Of Net Periodic Benefit Cost [Abstract] </link:label>
<link:label id="lab_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E_documentation_en-US" xlink:label="lab_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Disclosure Components Of Net Periodic Benefit Cost [Abstract] </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract" xlink:label="loc_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E" xlink:to="lab_pnr_DisclosureComponentsOfNetPeriodicBenefitCostAbstract_D5E1469887FF09CF995F9243F0A9476E" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_1135DE4F7307C1C0AD529243F0A95329_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_1135DE4F7307C1C0AD529243F0A95329" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Service cost </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_1135DE4F7307C1C0AD529243F0A95329_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost_1135DE4F7307C1C0AD529243F0A95329" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Service Cost </link:label>
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<link:label id="lab_us-gaap_IncomeTaxContingencyLineItems_E1011F9C8337784E68D93537CABDF48C_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxContingencyLineItems_E1011F9C8337784E68D93537CABDF48C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Income Tax Contingency [Line Items] </link:label>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefits_C23BF45864BE911F15163537CABD23BA_periodStartLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefits_C23BF45864BE911F15163537CABD23BA" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Beginning balance </link:label>
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<link:label id="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_8C668C0A4EBE52AF6A503537CABD3D3D_terseLabel_en-US" xlink:label="lab_us-gaap_UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions_8C668C0A4EBE52AF6A503537CABD3D3D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Gross increases for tax positions in prior periods </link:label>
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<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_C1860C203448208319533537CD6556DB_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitsPaid_C1860C203448208319533537CD6556DB" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Benefits paid </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitsPaid" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitsPaid_C1860C203448208319533537CD6556DB" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanBenefitObligation_C8B2399FE0FA3D03BA363537CD653039_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanBenefitObligation_C8B2399FE0FA3D03BA363537CD653039" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Benefit obligation end of year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanBenefitObligation" xlink:label="loc_us-gaap_DefinedBenefitPlanBenefitObligation_C8B2399FE0FA3D03BA363537CD653039" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanBenefitObligation_C8B2399FE0FA3D03BA363537CD653039" xlink:to="lab_us-gaap_DefinedBenefitPlanBenefitObligation_C8B2399FE0FA3D03BA363537CD653039" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Change in plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward] </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward" xlink:label="loc_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33" xlink:to="lab_us-gaap_DefinedBenefitPlanChangeInFairValueOfPlanAssetsRollForward_F80E9F3A831450D2D64E3537CD655B33" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_0BBC43805A3E3A0EDF0B3537CD653C08_periodStartLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_0BBC43805A3E3A0EDF0B3537CD653C08" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US"> Fair value of plan assets beginning of year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_0BBC43805A3E3A0EDF0B3537CD653C08" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_0BBC43805A3E3A0EDF0B3537CD653C08" xlink:to="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_0BBC43805A3E3A0EDF0B3537CD653C08" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1212942B59AAF6CF0E863537CD65AEFF_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1212942B59AAF6CF0E863537CD65AEFF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Actual return on plan assets </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1212942B59AAF6CF0E863537CD65AEFF_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1212942B59AAF6CF0E863537CD65AEFF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Actual Return on Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanActualReturnOnPlanAssets_1212942B59AAF6CF0E863537CD65AEFF" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_276BF06BB96C2C32C2343537CD65C914_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_276BF06BB96C2C32C2343537CD65C914" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Company contributions </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_276BF06BB96C2C32C2343537CD65C914_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanContributionsByEmployer_276BF06BB96C2C32C2343537CD65C914" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Contributions by Employer </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanContributionsByEmployer" xlink:label="loc_us-gaap_DefinedBenefitPlanContributionsByEmployer_276BF06BB96C2C32C2343537CD65C914" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Translation gain (loss) </link:label>
<link:label id="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Foreign Currency Exchange Rate Changes, Plan Assets </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04" xlink:type="locator"/>
<link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04" xlink:to="lab_us-gaap_DefinedBenefitPlanForeignCurrencyExchangeRateChangesPlanAssets_EFE487EA4C530CAFF67E3537CD650B04" xlink:type="arc"/>
<link:label id="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B958CCC4ECF0E20A82673537CD6501D1_periodEndLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B958CCC4ECF0E20A82673537CD6501D1" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US"> Fair value of plan assets end of year </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanFairValueOfPlanAssets" xlink:label="loc_us-gaap_DefinedBenefitPlanFairValueOfPlanAssets_B958CCC4ECF0E20A82673537CD6501D1" xlink:type="locator"/>
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<link:label id="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_D98F14201A48D53836643537CD654564_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_D98F14201A48D53836643537CD654564" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US"> Funded status </link:label>
<link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2015/elts/us-gaap-2015-01-31.xsd#us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract" xlink:label="loc_us-gaap_DefinedBenefitPlanFundedStatusOfPlanAbstract_D98F14201A48D53836643537CD654564" xlink:type="locator"/>
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<link:label id="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948_negatedLabel_en-US" xlink:label="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US"> Plan assets less than benefit obligation </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948_label_en-US" xlink:label="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan Fair Value Of Plan Assets Net </link:label>
<link:label id="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948_documentation_en-US" xlink:label="lab_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US"> Defined Benefit Plan, Fair Value of Plan Assets, Net </link:label>
<link:loc xlink:href="pnr-20151231.xsd#pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet" xlink:label="loc_pnr_DefinedBenefitPlanFairValueOfPlanAssetsNet_AFC176B1EEABE11AEED63537CD657948" xlink:type="locator"/>
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2 Subsequent Filings that Reference this Filing

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 1/19/17  SEC                               UPLOAD10/05/17    1:33K  Pentair plc
12/21/16  SEC                               UPLOAD10/05/17    1:141K Pentair plc
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