Total Equity(Tables)

3 Months Ended

Mar. 31, 2015

Total equity is comprised of the following (in millions, except per share amounts):



	March 31, 2015			December 31, 2014
Common stock, $.01 par value:
Class A - authorized 50.0 shares; issued and outstanding 7.2 and 7.2 shares	$	0.1		$	0.1
Class B - authorized 150.0 shares; issued and outstanding 50.7 and 51.3 shares	0.5			0.5
Additional paid-in-capital	73.4			146.7
Retained earnings	1,973.9			1,944.1
Accumulated other comprehensive loss:
Pension and post retirement benefit plan adjustment, net of tax	(123.0		)	(124.7		)
Cumulative translation adjustment	(63.7		)	(39.9		)
Unrealized gain on investment, net of tax	0.3			0.3
Cash flow hedge gain, net of tax	0.7			—
Total Accumulated other comprehensive loss	(185.7		)	(164.3		)
Hubbell shareholders’ equity	1,862.2			1,927.1
Noncontrolling interest	9.0			8.6
TOTAL EQUITY	$	1,871.2		$	1,935.7

A summary of the changes in equity for the three months ended March 31, 2015 and 2014 is provided below (in millions):



	Three Months Ended March 31
	2015									2014
	Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity			Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity
EQUITY, JANUARY 1,	$	1,927.1		$	8.6		$	1,935.7		$	1,906.4		$	8.4		$	1,914.8
Total comprehensive income	41.0			1.0			42.0			67.5			1.1			68.6
Stock-based compensation	3.7			—			3.7			3.2			—			3.2
Exercise of stock options	—			—			—			0.5			—			0.5
Income tax windfall from stock-based awards, net	1.3			—			1.3			4.9			—			4.9
Repurchase/surrender of common shares	(78.6		)	—			(78.6		)	(18.1		)	—			(18.1		)
Issuance of shares related to directors’ deferred compensation	0.2			—			0.2			0.5			—			0.5
Dividends to noncontrolling interest	—			(0.6		)	(0.6		)	—			(0.4		)	(0.4		)
Cash dividends declared	(32.5		)	—			(32.5		)	(29.6		)	—			(29.6		)
EQUITY, MARCH 31,	$	1,862.2		$	9.0		$	1,871.2		$	1,935.3		$	9.1		$	1,944.4