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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 265.4 $ 259.6
Short-term investments 12.6 9.3
Accounts receivable (net of allowances of $11.8 and $12.5) 762.3 634.7
Inventories, net 638.3 607.3
Other current assets 66.5 76.7
Total Current Assets 1,745.1 1,587.6
Property, Plant, and Equipment, net 518.7 519.2
Other Assets    
Investments 69.7 71.1
Goodwill 1,922.9 1,923.3
Other intangible assets, net 758.3 810.6
Other long-term assets 158.1 173.3
TOTAL ASSETS 5,172.8 5,085.1
Current Liabilities    
Short-term debt 137.6 153.1
Accounts payable 465.7 378.0
Accrued salaries, wages and employee benefits 79.0 91.5
Accrued insurance 76.4 71.6
Other accrued liabilities 240.7 254.0
Total Current Liabilities 999.4 948.2
Long-Term Debt 1,434.2 1,436.9
Other Non-Current Liabilities 598.3 614.6
TOTAL LIABILITIES 3,031.9 2,999.7
Hubbell Incorporated Shareholders’ Equity 2,125.7 2,070.0
Noncontrolling interest 15.2 15.4
Total Equity 2,140.9 2,085.4
TOTAL LIABILITIES AND EQUITY $ 5,172.8 $ 5,085.1