Total Equity

6 Months Ended

Jun. 30, 2011

Stockholders Equity Disclosure [Abstract]

Stockholders Equity Note Disclosure [Text Block]

5. Total Equity

Total equity is comprised of the following (in millions, except per share amounts):

		June 30,		December 31,
		2011		2010
Common stock, $.01 par value:
	Class A - authorized 50.0 shares; issued and outstanding 7.2 and 7.2 shares	$	0.1	$	0.1
	Class B - authorized 150.0 shares; issued and outstanding 52.8 and 53.5 shares		0.5		0.5
Additional paid-in-capital			143.8		201.3
Retained earnings			1,408.3		1,338.6
Accumulated other comprehensive loss:
	Pension and post retirement benefit plan adjustment, net of tax		(92.9)		(95.6)
	Cumulative translation adjustment		30.1		14.6
	Unrealized gain on investment, net of tax		0.7		0.5
	Cash flow hedge loss, net of tax		(0.8)		(0.8)
Total Accumulated other comprehensive loss			(62.9)		(81.3)
Hubbell Shareholders' equity			1,489.8		1,459.2
Noncontrolling interest			4.5		4.3
Total equity		$	1,494.3	$	1,463.5

A summary of the changes in equity for the six months ended June 30,2011 and 2010 is provided below (in millions):

	Six Months Ended June 30,
	2011						2010
	Hubbell Shareholders' Equity		Noncontrolling interest		Total Equity		Hubbell Shareholders' Equity		Noncontrolling interest		Total Equity
Equity, January 1,	$	1,459.2	$	4.3	$	1,463.5	$	1,298.2	$	3.8	$	1,302.0
Total comprehensive income		133.9		0.9		134.8		92.4		0.7		93.1
Stock-based compensation		5.1		-		5.1		4.5		-		4.5
Exercise of stock options		17.0		-		17.0		10.0		-		10.0
Income tax windfall from stock-based awards, net		3.9		-		3.9		2.2		-		2.2
Acquisition/surrender of common shares		(84.3)		-		(84.3)		(3.5)		-		(3.5)
Issuance of shares related to director's deferred compensation		0.8		-		0.8		-		-		-
Dividends to noncontrolling interest		-		(0.7)		(0.7)		-		(0.5)		(0.5)
Cash dividends declared		(45.8)		-		(45.8)		(43.2)		-		(43.2)
Equity, June 30,	$	1,489.8	$	4.5	$	1,494.3	$	1,360.6	$	4.0	$	1,364.6

The detailedcomponents of total comprehensive income are presented in Note6 – Comprehensive Income.