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Condensed Consolidated Statements of Income (unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 1,442.6 $ 1,375.8 $ 4,294.2 $ 4,027.1
Cost of goods sold 945.5 888.4 2,840.7 2,595.2
Gross profit 497.1 487.4 1,453.5 1,431.9
Selling & administrative expenses 193.3 211.1 620.0 619.0
Operating income 303.8 276.3 833.5 812.9
Interest expense, net (18.7) (7.8) (59.6) (26.7)
Loss on disposition of business 0.0 0.0 (5.3) 0.0
Other expense, net (5.6) (3.5) (7.5) (12.4)
Total other expense (24.3) (11.3) (72.4) (39.1)
Income before income taxes 279.5 265.0 761.1 773.8
Provision for income taxes 58.5 63.0 175.8 180.2
Net income 221.0 202.0 585.3 593.6
Less: Net income attributable to noncontrolling interest (1.6) (1.9) (4.5) (4.8)
Net income attributable to Hubbell Incorporated $ 219.4 $ 200.1 $ 580.8 $ 588.8
Earnings per share:        
Basic earnings per share (USD per share) $ 4.08 $ 3.72 $ 10.80 $ 10.96
Diluted earnings per share (USD per share) $ 4.05 $ 3.70 $ 10.73 $ 10.89