Total Equity (Tables)

6 Months Ended

Jun. 30, 2018

Stockholders' Equity Note [Abstract]

Schedule of stockholders equity

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

	June 30, 2018			December 31, 2017
Common stock, $.01 par value:
Common Stock – authorized 200.0 shares; issued and outstanding 54.8 and 54.9 shares	$	0.5		$	0.6
Additional paid-in capital	2.9			11.0
Retained earnings	1,967.0			1,892.4
Accumulated other comprehensive loss:
Pension and post retirement benefit plan adjustment, net of tax	(172.6		)	(176.5		)
Cumulative translation adjustment	(112.7		)	(91.9		)
Unrealized gain (loss) on investment, net of tax	(1.0		)	(0.6		)
Cash flow hedge gain (loss), net of tax	0.8			(0.8		)
Total Accumulated other comprehensive loss	(285.5		)	(269.8		)
Hubbell shareholders’ equity	1,684.9			1,634.2
Noncontrolling interest	16.9			13.7
TOTAL EQUITY	$	1,701.8		$	1,647.9

A summary of the changes in equity for the six months ended June 30, 2018 and 2017 is provided below (in millions):

	Six Months Ended June 30,
	2018									2017
	Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity			Hubbell Shareholders’ Equity			Noncontrolling interest			Total Equity
EQUITY, JANUARY 1	$	1,634.2		$	13.7		$	1,647.9		$	1,592.8		$	10.4		$	1,603.2
Total comprehensive income	142.9			3.6			146.5			164.4			2.8			167.2
Stock-based compensation	9.5			—			9.5			8.1			—			8.1
ASC 606 adoption to retained earnings	0.6			—			0.6			—			—			—
Repurchase/surrender of shares of common stock	(18.0		)	—			(18.0		)	(96.0		)	—			(96.0		)
Issuance of shares related to directors’ deferred compensation, net	0.3			—			0.3			0.3			—			0.3
Dividends to noncontrolling interest	—			(2.8		)	(2.8		)	—			(2.3		)	(2.3		)
Aclara noncontrolling interest	—			2.4			2.4			—			—			—
Cash dividends declared	(84.6		)	—			(84.6		)	(77.3		)	—			(77.3		)
EQUITY, JUNE 30	$	1,684.9		$	16.9		$	1,701.8		$	1,592.3		$	10.9		$	1,603.2