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Total Equity
3 Months Ended
Mar. 31, 2019
Stockholders' Equity Note [Abstract]  
Total Equity
Total Equity
 

The following table shows the changes in stockholders' equity for the three months ended March 31, 2019:
(in millions, except per
share amounts)
Common Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total Hubbell
Shareholders'
Equity
Non-
controlling
interest
BALANCE AT
DECEMBER 31, 2018
$
0.6

$
1.3

$
2,064.4

$
(285.7
)
$
1,780.6

$
18.3

Net income




72.3



72.3

1.5

Other comprehensive (loss) income






8.3

8.3



Stock-based compensation


4.1





4.1



Reclassification of stranded tax effects




30.0

(30.0
)



Acquisition/surrender of common shares(1)


(5.3
)
(6.3
)


(11.6
)


Cash dividends declared ($0.84 per share)




(45.7
)


(45.7
)


Dividends to noncontrolling interest









(1.0
)
Director's deferred compensation


0.1





0.1



BALANCE AT
MARCH 31, 2019
$
0.6

$
0.2

$
2,114.7

$
(307.4
)
$
1,808.1

$
18.8


The following table shows the changes in stockholders' equity for the three months ended March 31, 2018:

(in millions, except per
share amounts)
Common Stock
Additional
Paid-in
Capital
Retained
Earnings
Accumulated
Other
Comprehensive
Income (Loss)
Total Hubbell
Shareholders'
Equity
Non-
controlling
interest
BALANCE AT
DECEMBER 31, 2017
$
0.6

$
11.0

$
1,892.4

$
(269.8
)
$
1,634.2

$
13.7

Net income




58.3



58.3

1.5

Other comprehensive (loss) income






12.1

12.1



Stock-based compensation


5.1





5.1



ASC 606 adoption to retained earnings




0.6



0.6



Acquisition/surrender of common shares(1)


(6.1
)



(6.1
)


Cash dividends declared ($0.77 per share)




(42.3
)


(42.3
)


Dividends to noncontrolling interest









(1.1
)
Aclara noncontrolling interest









2.4

Director's deferred compensation


0.1





0.1



BALANCE AT
March 31, 2018
$
0.6

$
10.1

$
1,909.0

$
(257.7
)
$
1,662.0

$
16.5


(1) For accounting purposes, the Company treats repurchased shares as constructively retired when acquired and accordingly charges the purchase price against Common Stock par value, Additional paid-in capital, to the extent available, and Retained earnings. The change in Retained earnings of $6.3 million, and zero in 2019, and 2018, respectively, reflects this accounting treatment.

The detailed components of total comprehensive income are presented in the Condensed Consolidated Statement of Comprehensive Income.