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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 1,375.8 $ 1,316.2 $ 4,027.1 $ 3,728.3
Cost of goods sold 888.4 917.7 2,595.2 2,623.5
Gross profit 487.4 398.5 1,431.9 1,104.8
Selling & administrative expenses 211.1 194.9 619.0 567.7
Operating income 276.3 203.6 812.9 537.1
Interest expense, net (7.8) (12.1) (26.7) (37.9)
Pension charge (Note 13) 0.0 (1.5) 0.0 (5.9)
Other (expense) income, net (3.5) 0.8 (12.4) 6.9
Total other expense (11.3) (12.8) (39.1) (36.9)
Income from continuing operations before income taxes 265.0 190.8 773.8 500.2
Provision for income taxes 63.0 38.8 180.2 107.3
Net income from continuing operations 202.0 152.0 593.6 392.9
Less: Net income from continuing operations attributable to noncontrolling interest (1.9) (1.7) (4.8) (4.5)
Net income from continuing operations attributable to Hubbell Incorporated 200.1 150.3 588.8 388.4
(Loss) Income from discontinued operations, net of tax (Note 2) 0.0 (11.2) 0.0 52.9
Net Income attributable to Hubbell Incorporated $ 200.1 $ 139.1 $ 588.8 $ 441.3
Earnings per share:        
Basic earnings per share from continuing operations (USD per share) $ 3.72 $ 2.79 $ 10.96 $ 7.20
Basic earnings per share from discontinued operations (USD per share) 0 (0.21) 0 0.98
Basic earnings per share (USD per share) 3.72 2.58 10.96 8.18
Diluted earnings per share from continuing operations (USD per share) 3.70 2.78 10.89 7.16
Diluted earnings per share from discontinued operations (USD per share) 0 (0.21) 0 0.98
Diluted earnings per share (USD per share) 3.70 2.57 10.89 8.14
Cash dividends per common share (USD per share) $ 1.12 $ 1.05 $ 3.36 $ 3.15