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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 437.6 $ 343.5
Short-term investments 11.2 12.2
Accounts receivable, net 530.0 466.6
Inventories, net 532.4 540.0
Other current assets 40.1 25.5
Total Current Assets 1,551.3 1,387.8
Property, Plant, and Equipment, net 439.8 419.7
Other Assets    
Investments 56.4 49.5
Goodwill 991.0 928.5
Intangible assets, net 431.5 372.2
Other long-term assets 55.0 51.0
TOTAL ASSETS 3,525.0 3,208.7
Current Liabilities    
Short-term debt 3.2 48.2
Accounts payable 291.6 289.5
Accrued salaries, wages and employee benefits 82.8 75.3
Accrued insurance 55.8 50.4
Other accrued liabilities 156.2 139.7
Total Current Liabilities 589.6 603.1
Long-term Debt 990.5 595.9
Other Non-Current Liabilities 341.7 260.7
TOTAL LIABILITIES 1,921.8 1,459.7
Commitments and Contingencies (see Note 14)
Hubbell Shareholders’ Equity    
Common Stock - authorized 200,000,000 shares, outstanding 55,532,307 and 57,836,533 shares 0.6 0.6
Additional paid-in capital 15.4 78.1
Retained earnings 1,879.3 1,886.1
Accumulated other comprehensive loss (302.5) (224.2)
Total Hubbell Shareholders’ Equity 1,592.8 1,740.6
Noncontrolling interest 10.4 8.4
TOTAL EQUITY 1,603.2 1,749.0
TOTAL LIABILITIES AND EQUITY $ 3,525.0 $ 3,208.7