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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 300.0 $ 182.0
Short-term investments 13.5 14.2
Account receivable (net of allowances of $13.6 and $7.7) 707.7 683.0
Inventories, net 595.7 633.0
Other current assets 58.1 62.0
Total Current Assets 1,675.0 1,574.2
Property, Plant, and Equipment, net 495.5 505.2
Other Assets    
Investments 53.2 55.7
Goodwill 1,807.1 1,811.8
Other intangible assets, net 758.8 781.5
Other long-term assets 169.5 174.6
TOTAL ASSETS 4,959.1 4,903.0
Current Liabilities    
Short-term debt and current portion of long-term debt 106.7 65.4
Accounts payable 358.4 347.7
Accrued salaries, wages and employee benefits 65.9 101.5
Accrued insurance 78.0 68.1
Other accrued liabilities 232.3 262.2
Total Current Liabilities 841.3 844.9
Long-Term Debt 1,597.3 1,506.0
Other Non-Current Liabilities 592.0 591.6
TOTAL LIABILITIES 3,030.6 2,942.5
Hubbell Incorporated Shareholders’ Equity 1,914.9 1,947.1
Noncontrolling interest 13.6 13.4
Total Equity 1,928.5 1,960.5
TOTAL LIABILITIES AND EQUITY $ 4,959.1 $ 4,903.0