XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 3,668.8 $ 3,505.2 $ 3,390.4
Cost of goods sold 2,516.9 2,404.5 2,298.6
Gross profit 1,151.9 1,100.7 1,091.8
Selling & administrative expenses 648.2 622.9 617.2
Operating income 503.7 477.8 474.6
Interest expense (44.9) (43.4) (31.0)
Investment income 0.9 0.5 0.5
Loss on extinguishment of debt (10.1) 0.0 0.0
Other expense, net (6.5) (4.5) (25.5)
Total other expense (60.6) (47.4) (56.0)
Income before income taxes 443.1 430.4 418.6
Provision for income taxes 193.2 132.6 136.5
Net income 249.9 297.8 282.1
Less: Net income attributable to noncontrolling interest 6.8 4.8 4.8
NET INCOME ATTRIBUTABLE TO HUBBELL $ 243.1 $ 293.0 $ 277.3
Earnings per share      
Basic (USD per share) $ 4.42 $ 5.26 $ 4.79
Diluted (USD per share) $ 4.39 $ 5.24 $ 4.77