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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,316.2 $ 1,083.4 $ 3,728.3 $ 3,094.0
Cost of goods sold 917.7 782.3 2,623.5 2,232.4
Gross profit 398.5 301.1 1,104.8 861.6
Selling & administrative expenses 194.9 155.2 567.7 463.6
Operating income 203.6 145.9 537.1 398.0
Interest expense, net (12.1) (13.6) (37.9) (41.4)
Loss on disposition of business 0.0 (0.1) 0.0 (6.9)
Loss on extinguishment of debt 0.0 0.0 0.0 (16.8)
Pension charge (Note 13) (1.5) 0.0 (5.9) 0.0
Other income, net 0.8 0.8 6.9 2.5
Total other expense (12.8) (12.9) (36.9) (62.6)
Income from continuing operations before income taxes 190.8 133.0 500.2 335.4
Provision for income taxes 38.8 27.5 107.3 65.6
Net income from continuing operations 152.0 105.5 392.9 269.8
Less: Net income from continuing operations attributable to noncontrolling interest (1.7) (2.1) (4.5) (4.3)
Net income from continuing operations attributable to Hubbell Incorporated 150.3 103.4 388.4 265.5
(Loss) income from discontinued operations, net of tax (Note 2) (11.2) 5.0 52.9 16.4
Net Income attributable to Hubbell Incorporated $ 139.1 $ 108.4 $ 441.3 $ 281.9
Earnings per share:        
Basic earnings per share from continuing operations (USD per share) $ 2.79 $ 1.89 $ 7.20 $ 4.88
Basic earnings per share from discontinued operations (USD per share) (0.21) 0.10 0.98 0.30
Basic earnings per share (USD per share) 2.58 1.99 8.18 5.18
Diluted earnings per share from continuing operations (USD per share) 2.78 1.88 7.16 4.84
Diluted earnings per share from discontinued operations (USD per share) (0.21) 0.10 0.98 0.30
Diluted earnings per share (USD per share) 2.57 1.98 8.14 5.14
Cash dividends per common share (USD per share) $ 1.05 $ 0.98 $ 3.15 $ 2.94