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Consolidated Statement of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 4,591.0 $ 4,481.7 $ 3,668.8
Cost of goods sold 3,238.3 3,181.3 2,513.7
Gross profit 1,352.7 1,300.4 1,155.1
Selling & administrative expenses 756.1 743.5 636.3
Operating income 596.6 556.9 518.8
Gain on disposition of business 21.7 0.0 0.0
Multi-employer pension charge (8.5) 0.0 0.0
Interest expense (69.4) (72.4) (44.9)
Investment income 1.5 0.1 0.9
Loss on extinguishment of debt 0.0 0.0 (10.1)
Other expense, net (21.4) (17.6) (21.6)
Total other expense (76.1) (89.9) (75.7)
Income before income taxes 520.5 467.0 443.1
Provision for income taxes 113.1 100.9 193.2
Net income 407.4 366.1 249.9
Less: Net income attributable to noncontrolling interest 6.5 5.9 6.8
NET INCOME ATTRIBUTABLE TO HUBBELL $ 400.9 $ 360.2 $ 243.1
Earnings per share      
Basic (USD per share) $ 7.35 $ 6.57 $ 4.42
Diluted (USD per share) $ 7.31 $ 6.54 $ 4.39