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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 359.0 $ 286.2
Short-term investments 12.4 9.4
Accounts receivable (net of allowances of $11.5 and $10.6) 777.9 675.3
Inventories, net 708.8 662.1
Other current assets 69.0 66.8
Assets held for sale - current 0.0 179.5
Total Current Assets 1,927.1 1,879.3
Property, Plant, and Equipment, net 460.4 459.5
Other Assets    
Investments 72.9 69.1
Goodwill 1,870.6 1,871.3
Other intangible assets, net 664.2 681.5
Other long-term assets 174.5 143.7
Assets held for sale - non-current 0.0 177.1
TOTAL ASSETS 5,169.7 5,281.5
Current Liabilities    
Short-term debt 7.8 9.7
Accounts payable 548.5 532.8
Accrued salaries, wages and employee benefits 62.0 94.7
Accrued insurance 78.2 73.3
Other accrued liabilities 265.6 263.4
Liabilities held for sale - current 0.0 91.3
Total Current Liabilities 962.1 1,065.2
Long-Term Debt 1,436.1 1,435.5
Other Non-Current Liabilities 547.1 521.3
Liabilities held for sale - non-current 0.0 18.8
TOTAL LIABILITIES 2,945.3 3,040.8
Hubbell Incorporated Shareholders’ Equity 2,213.3 2,229.8
Noncontrolling interest 11.1 10.9
TOTAL EQUITY 2,224.4 2,240.7
TOTAL LIABILITIES AND EQUITY $ 5,169.7 $ 5,281.5