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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 182.0 $ 189.0
Short-term investments 14.2 9.2
Accounts receivable, net 683.0 725.4
Inventories, net 633.0 651.0
Other current assets 62.0 69.1
Total Current Assets 1,574.2 1,643.7
Property, Plant, and Equipment, net 505.2 502.1
Other Assets    
Investments 55.7 56.3
Goodwill 1,811.8 1,784.4
Intangible assets, net 781.5 819.5
Other long-term assets 174.6 66.1
TOTAL ASSETS 4,903.0 4,872.1
Current Liabilities    
Short-term debt and current portion of long-term debt 65.4 56.1
Accounts payable 347.7 393.7
Accrued salaries, wages and employee benefits 101.5 101.6
Accrued insurance 68.1 61.3
Other accrued liabilities 262.2 226.6
Total Current Liabilities 844.9 839.3
Long-term Debt 1,506.0 1,737.1
Other Non-Current Liabilities 591.6 496.8
TOTAL LIABILITIES 2,942.5 3,073.2
Commitments and Contingencies (see Note 15)
Hubbell Shareholders’ Equity    
Common Stock - par value $.01, Authorized 200,000,000 shares, outstanding 54,514,172 and 54,715,188 shares 0.6 0.6
Additional paid-in capital 0.0 1.3
Retained earnings 2,279.4 2,064.4
Accumulated other comprehensive loss (332.9) (285.7)
Total Hubbell Shareholders’ Equity 1,947.1 1,780.6
Noncontrolling interest 13.4 18.3
TOTAL EQUITY 1,960.5 1,798.9
TOTAL LIABILITIES AND EQUITY $ 4,903.0 $ 4,872.1