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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 485.0 $ 182.0
Short-term investments 9.9 14.2
Account receivable (net of allowances of $14.9 and $7.7) 644.1 683.0
Inventories, net 604.2 633.0
Other current assets 50.4 62.0
Total Current Assets 1,793.6 1,574.2
Property, Plant, and Equipment, net 489.1 505.2
Other Assets    
Investments 54.3 55.7
Goodwill 1,808.7 1,811.8
Other intangible assets, net 740.7 781.5
Other long-term assets 172.3 174.6
TOTAL ASSETS 5,058.7 4,903.0
Current Liabilities    
Short-term debt and current portion of long-term debt 145.2 65.4
Accounts payable 354.4 347.7
Accrued salaries, wages and employee benefits 66.6 101.5
Accrued insurance 76.9 68.1
Other accrued liabilities 237.6 262.2
Total Current Liabilities 880.7 844.9
Long-Term Debt 1,610.4 1,506.0
Other Non-Current Liabilities 594.1 591.6
TOTAL LIABILITIES 3,085.2 2,942.5
Hubbell Incorporated Shareholders’ Equity 1,959.9 1,947.1
Noncontrolling interest 13.6 13.4
Total Equity 1,973.5 1,960.5
TOTAL LIABILITIES AND EQUITY $ 5,058.7 $ 4,903.0