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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 189.0 $ 375.0
Short-term investments 9.2 14.5
Accounts receivable, net 725.4 540.3
Inventories, net 651.0 634.7
Other current assets 69.1 39.6
Total Current Assets 1,643.7 1,604.1
Property, Plant, and Equipment, net 502.1 458.3
Other Assets    
Investments 56.3 57.7
Goodwill 1,784.4 1,089.0
Intangible assets, net 819.5 460.4
Other long-term assets 66.1 51.1
TOTAL ASSETS 4,872.1 3,720.6
Current Liabilities    
Short-term debt 56.1 68.1
Accounts payable 393.7 326.5
Accrued salaries, wages and employee benefits 101.6 76.6
Accrued insurance 61.3 60.0
Other accrued liabilities 226.6 174.9
Total Current Liabilities 839.3 706.1
Long-term Debt 1,737.1 987.1
Other Non-Current Liabilities 496.8 379.5
TOTAL LIABILITIES 3,073.2 2,072.7
Commitments and Contingencies (see Note 15)
Hubbell Shareholders’ Equity    
Common Stock - Authorized 200,000,000 shares, outstanding 54,715,188 and 54,882,154 shares 0.6 0.6
Additional paid-in capital 1.3 11.0
Retained earnings 2,064.4 1,892.4
Accumulated other comprehensive loss (285.7) (269.8)
Total Hubbell Shareholders’ Equity 1,780.6 1,634.2
Noncontrolling interest 18.3 13.7
TOTAL EQUITY 1,798.9 1,647.9
TOTAL LIABILITIES AND EQUITY $ 4,872.1 $ 3,720.6