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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 375.0 $ 437.6
Short-term investments 14.5 11.2
Accounts receivable, net 540.3 530.0
Inventories, net 634.7 532.4
Other current assets 39.6 40.1
Total Current Assets 1,604.1 1,551.3
Property, Plant, and Equipment, net 458.3 439.8
Other Assets    
Investments 57.7 56.4
Goodwill 1,089.0 991.0
Intangible assets, net 460.4 431.5
Prepaid pensions (included in Other long-term assets) 51.1 55.0
TOTAL ASSETS 3,720.6 3,525.0
Current Liabilities    
Short-term debt 68.1 3.2
Accounts payable 326.5 291.6
Accrued salaries, wages and employee benefits 76.6 82.8
Accrued insurance 60.0 55.8
Other accrued liabilities 174.9 156.2
Total Current Liabilities 706.1 589.6
Long-term Debt 987.1 990.5
Other Non-Current Liabilities 379.5 341.7
TOTAL LIABILITIES 2,072.7 1,921.8
Commitments and Contingencies (see Note 14)
Hubbell Shareholders’ Equity    
Common Stock - Authorized 200,000,000 shares, outstanding 54,882,154 and 55,532,307 shares 0.6 0.6
Additional paid-in capital 11.0 15.4
Retained earnings 1,892.4 1,879.3
Accumulated other comprehensive loss (269.8) (302.5)
Total Hubbell Shareholders’ Equity 1,634.2 1,592.8
Noncontrolling interest 13.7 10.4
TOTAL EQUITY 1,647.9 1,603.2
TOTAL LIABILITIES AND EQUITY $ 3,720.6 $ 3,525.0