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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents $ 666.8 $ 329.1
Short-term investments 14.1 15.9
Accounts receivable (net of allowances of $13.4 and $11.3) 909.9 756.0
Inventories, net 1,053.7 1,010.4
Other current assets 145.5 146.5
Total Current Assets 2,790.0 2,257.9
Property, Plant, and Equipment, net 766.1 726.6
Other Assets    
Investments 99.8 84.9
Goodwill 2,588.8 2,500.8
Other intangible assets, net 1,059.9 1,080.0
Other long-term assets 222.3 197.5
TOTAL ASSETS 7,526.9 6,847.7
Current Liabilities    
Short-term debt and current portion of long-term debt 951.5 125.4
Accounts payable 536.6 541.7
Accrued salaries, wages and employee benefits 110.9 145.7
Accrued insurance 80.2 89.0
Other accrued liabilities 375.1 372.4
Total Current Liabilities 2,054.3 1,274.2
Long-Term Debt 1,044.8 1,442.7
Other Non-Current Liabilities 734.8 720.2
TOTAL LIABILITIES 3,833.9 3,437.1
Commitments and contingencies (Note 15)
Hubbell Incorporated Shareholders’ Equity 3,681.3 3,396.2
Noncontrolling interest 11.7 14.4
TOTAL EQUITY 3,693.0 3,410.6
TOTAL LIABILITIES AND EQUITY $ 7,526.9 $ 6,847.7