XML 18 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 433.8 $ 259.6
Short-term investments 10.2 9.3
Accounts receivable (net of allowances of $11.7 and $12.5) 703.1 634.7
Inventories, net 616.4 607.3
Other current assets 64.0 76.7
Total Current Assets 1,827.5 1,587.6
Property, Plant, and Equipment, net 516.7 519.2
Other Assets    
Investments 69.6 71.1
Goodwill 1,924.4 1,923.3
Other intangible assets, net 786.0 810.6
Other long-term assets 168.7 173.3
TOTAL ASSETS 5,292.9 5,085.1
Current Liabilities    
Short-term debt and current portion of long-term debt 360.8 153.1
Accounts payable 421.3 378.0
Accrued salaries, wages and employee benefits 63.9 91.5
Accrued insurance 77.8 71.6
Other accrued liabilities 224.9 254.0
Total Current Liabilities 1,148.7 948.2
Long-Term Debt 1,433.7 1,436.9
Other Non-Current Liabilities 612.5 614.6
TOTAL LIABILITIES 3,194.9 2,999.7
Hubbell Incorporated Shareholders’ Equity 2,082.7 2,070.0
Noncontrolling interest 15.3 15.4
Total Equity 2,098.0 2,085.4
TOTAL LIABILITIES AND EQUITY $ 5,292.9 $ 5,085.1