Total Equity(Tables)

9 Months Ended

Sep. 30, 2015

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



	September 30, 2015			December 31, 2014
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 50.7 and 51.3 shares	0.5			0.5
Additional paid-in-capital	79.4			146.7
Retained earnings	2,062.5			1,944.1
Accumulated other comprehensive loss:
Pension and post retirement benefit plan adjustment, net of tax	(119.4		)	(124.7		)
Cumulative translation adjustment	(80.0		)	(39.9		)
Unrealized gain on investment, net of tax	0.2			0.3
Cash flow hedge gain, net of tax	0.6			—
Total Accumulated other comprehensive loss	(198.6		)	(164.3		)
Hubbell shareholders’ equity	1,943.9			1,927.1
Noncontrolling interest	9.7			8.6
TOTAL EQUITY	$	1,953.6		$	1,935.7

A summary of the changes in equity for the nine months ended September 30, 2015 and 2014 is provided below (in millions):



	Nine Months Ended September 30,
	2015									2014
	Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity			Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity
EQUITY, JANUARY 1	$	1,927.1		$	8.6		$	1,935.7		$	1,906.4		$	8.4		$	1,914.8
Total comprehensive income	181.5			3.6			185.1			234.2			2.6			236.8
Stock-based compensation	10.2			—			10.2			9.4			—			9.4
Exercise of stock options	—			—			—			1.1			—			1.1
Income tax windfall from stock-based awards, net	1.9			—			1.9			7.8			—			7.8
Repurchase/surrender of common shares	(79.8		)	—			(79.8		)	(45.0		)	—			(45.0		)
Issuance of shares related to directors’ deferred compensation	0.2			—			0.2			0.5			—			0.5
Dividends to noncontrolling interest	—			(2.5		)	(2.5		)	—			(1.7		)	(1.7		)
Cash dividends declared	(97.2		)	—			(97.2		)	(88.7		)	—			(88.7		)
EQUITY, SEPTEMBER 30	$	1,943.9		$	9.7		$	1,953.6		$	2,025.7		$	9.3		$	2,035.0