XML 17 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 257.9 $ 259.6
Short-term investments 9.9 9.3
Accounts receivable (net of allowances of $11.6 and $12.5) 798.3 634.7
Inventories, net 700.7 607.3
Other current assets 66.4 76.7
Total Current Assets 1,833.2 1,587.6
Property, Plant, and Equipment, net 521.2 519.2
Other Assets    
Investments 72.1 71.1
Goodwill 1,922.6 1,923.3
Other intangible assets, net 738.0 810.6
Other long-term assets 154.6 173.3
TOTAL ASSETS 5,241.7 5,085.1
Current Liabilities    
Short-term debt 128.9 153.1
Accounts payable 491.9 378.0
Accrued salaries, wages and employee benefits 81.9 91.5
Accrued insurance 77.1 71.6
Other accrued liabilities 255.6 254.0
Total Current Liabilities 1,035.4 948.2
Long-Term Debt 1,434.9 1,436.9
Other Non-Current Liabilities 593.3 614.6
TOTAL LIABILITIES 3,063.6 2,999.7
Hubbell Incorporated Shareholders’ Equity 2,168.8 2,070.0
Noncontrolling interest 9.3 15.4
Total Equity 2,178.1 2,085.4
TOTAL LIABILITIES AND EQUITY $ 5,241.7 $ 5,085.1