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Industry Segments and Geographic Area Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Industry Segments and Geographic Area Information Industry Segments and Geographic Area Information
Nature of Operations
 
Hubbell is a global manufacturer of quality electrical products and utility solutions for a broad range of customer and end-market applications. Products are either sourced complete, manufactured or assembled by subsidiaries in the United States, Canada, Puerto Rico, China, Mexico, the UK, Brazil, Australia, Spain and Ireland. Hubbell also participates in joint ventures in Hong Kong, and the Philippines and maintains offices in Singapore, Italy, China, India, Mexico, South Korea, Chile and countries in the Middle East. Each of the above references to manufacturing locations, joint venture participation, and office locations relate to the three year period ending December 31, 2021.
 
The Company’s reporting segments consist of the Electrical Solutions segment and the Utility Solutions segment, as described below.
 
The Electrical Solutions segment comprises businesses that sell stock and custom products including standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, components and assemblies for the natural gas distribution market and other electrical equipment. The products are typically used in and around industrial, commercial and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies. In addition, certain of our businesses design and manufacture industrial controls and communication systems used in the non-residential and industrial markets. Many of these products are designed such that they can also be used in harsh and hazardous locations where a potential for fire and explosion exists due to the presence of flammable gasses and vapors. Harsh and hazardous products are primarily used in the oil and gas (onshore and offshore) and mining industries. There are also a variety of wiring devices, lighting fixtures and electrical products that have residential and utility applications, including residential products with Internet-of-Things ("IoT") enabled technologies. These products are primarily sold through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms and residential product oriented internet sites. Special application products are primarily sold through wholesale distributors to contractors, industrial customers and OEMs.

The Utility Solutions segment consists of businesses that design, manufacture, and sell a wide variety of electrical distribution, transmission, substation, and telecommunications products. This includes utility transmission & distribution (T&D) components such as arresters, insulators, connectors, anchors, bushings, and enclosures. The Utility Solutions segment also offers solutions that serve the utility infrastructure, including smart meters, communications systems, and protection and control devices. Hubbell Utility Solutions supports the electrical distribution, electrical transmission, water, gas distribution, telecommunications, and solar and wind markets. Products are sold to distributors and directly to users such as utilities, telecommunication companies, industrial firms, construction and engineering firms.
 
Organizational Changes

Effective January 1, 2021 the Company consolidated the three business groups within its Electrical segment, and the segment has been re-named as Hubbell Electrical Solutions ("Electrical Solutions"). The Electrical Solutions segment unites businesses with similar operating models, products, and go to market strategies under one operating banner and common leadership to drive synergies and long-term growth opportunities.

Effective January 1, 2021 the Company also moved its Hubbell Gas Connectors and Accessories business, from the Electrical Solutions segment to the Utility Solutions segment to create synergies with the existing gas products offered within Utility Solutions and better serve its utility customers. The Hubbell Gas Connectors and Accessories business represented approximately $157.1 million of Net sales and $19.4 million of operating profit in 2020.

Financial Information
 
Financial information by industry segment, product class and geographic area for each of the three years ended December 31, 2021, 2020 and 2019 is summarized below (in millions). When reading the data the following items should be noted:
 
•Net sales comprise sales to unaffiliated customers — inter-segment and inter-area sales are not significant.
•Segment operating income consists of Net sales less operating expenses, including total corporate expenses, which are generally allocated to each segment on the basis of the segment’s percentage of consolidated Net sales. Interest expense and investment income and other expense, net have not been allocated to segments as these items are centrally managed by the Company.
•General corporate assets not allocated to segments are principally cash, prepaid pensions, investments and deferred taxes. These assets have not been allocated as they are centrally managed by the Company.
INDUSTRY SEGMENT DATA
 202120202019
Net Sales:   
Electrical Solutions$1,859.7 $1,603.1 $1,776.8 
Utility Solutions2,334.4 2,079.4 2,169.8 
TOTAL NET SALES$4,194.1 $3,682.5 $3,946.6 
Operating Income:   
Electrical Solutions$248.2 $188.9 $236.2 
Utility Solutions284.1 305.6 290.5 
Operating Income$532.3 $494.5 $526.7 
Gain (Loss) on disposition of business (Note 4)(6.9)— 21.7 
Loss on extinguishment of debt (Note 13)(16.8)— — 
Pension charge (Note 12)— (7.6)— 
Interest expense, net(54.7)(60.1)(68.6)
Investment income — — 1.5 
Other Income (expense), net5.4 (2.3)(12.1)
INCOME BEFORE INCOME TAXES$459.3 $424.5 $469.2 
Assets:   
Electrical Solutions$2,142.1 $1,984.4 $1,934.2 
Utility Solutions2,823.8 2,812.4 2,664.9 
General Corporate315.6 288.3 303.9 
TOTAL ASSETS(1)
$5,281.5 $5,085.1 $4,903.0 
Capital Expenditures:   
Electrical Solutions$31.1 $25.0 $27.7 
Utility Solutions55.8 55.9 52.6 
General Corporate3.3 1.9 6.4 
TOTAL CAPITAL EXPENDITURES$90.2 $82.8 $86.7 
Depreciation and Amortization:   
Electrical Solutions$40.6 $41.3 $42.4 
Utility Solutions108.5 103.2 95.5 
TOTAL DEPRECIATION AND AMORTIZATION$149.1 $144.5 $137.9 
 
GEOGRAPHIC AREA DATA
 202120202019
Net Sales:   
United States$3,809.8 $3,356.9 $3,546.1 
International384.3 325.6 400.5 
TOTAL NET SALES$4,194.1 $3,682.5 $3,946.6 
Operating Income:   
United States$439.6 $436.3 $458.7 
International92.7 58.2 68.0 
TOTAL OPERATING INCOME$532.3 $494.5 $526.7 
Long-lived Assets:   
United States$3,038.1 $3,113.7 $2,950.5 
International359.0 378.7 372.2 
TOTAL LONG-LIVED ASSETS(1)
$3,397.1 $3,492.4 $3,322.7 
(1) Total Assets and Long-lived assets attributable to the Company's formerly owned Commercial and Industrial Lighting business, totaling $356.6 million and $177.1 million were included in total assets held for sale, and noncurrent portion respectively as of December 31, 2021 on the Company's Consolidated Balance Sheets. See Note 2, Discontinued Operations, for further information on the Company's sale of the Distribution business.
On a geographic basis, the Company defines “international” as operations based outside of the United States and its possessions. As a percentage of total Net sales, shipments from foreign operations directly to third parties were 9% in 2021, 9% in 2020 and 10% in 2019, with the Canadian and UK operations representing approximately 36%, and 29% respectively, of 2021 total international Net sales.

Long-lived assets, excluding deferred tax assets, of international subsidiaries were 11% of the consolidated total in 2021, 11% in 2020 and 11% in 2019, with the UK, Spain, and Canada operations representing approximately 34%, 20%, and 15%, respectively, of the 2021 international total. Export sales from United States operations were $227.0 million in 2021, $233.8 million in 2020 and $256.8 million in 2019.