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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current Assets    
Cash and cash equivalents $ 286.2 $ 258.6
Short-term investments 9.4 9.3
Accounts receivable 675.3 553.3
Inventories, net 662.1 526.7
Other current assets 66.8 71.8
Assets held for sale - current 179.5 167.9
Total Current Assets 1,879.3 1,587.6
Property, Plant, and Equipment, net 459.5 438.7
Other Assets    
Investments 69.1 71.1
Goodwill 1,871.3 1,873.1
Other intangible assets, net 681.5 770.6
Other long-term assets 143.7 159.9
Assets held for sale - non-current 177.1 184.1
TOTAL ASSETS 5,281.5 5,085.1
Current Liabilities    
Short-term debt and current portion of long-term debt 9.7 153.1
Accounts payable 532.8 339.2
Accrued salaries, wages and employee benefits 94.7 84.4
Accrued insurance 73.3 67.2
Other accrued liabilities 263.4 224.6
Liabilities held for sale - current 91.3 79.7
Total Current Liabilities 1,065.2 948.2
Long-term Debt 1,435.5 1,436.9
Other Non-Current Liabilities 521.3 596.8
Liabilities held for sale - non-current 18.8 17.8
TOTAL LIABILITIES 3,040.8 2,999.7
Commitments and Contingencies
Hubbell Incorporated Shareholders’ Equity    
Common Stock - par value $.01, Authorized 200,000,000 shares, outstanding 54,382,659 and 54,514,172 shares 0.6 0.6
Additional paid-in capital 0.0 4.9
Retained earnings 2,560.0 2,393.7
Accumulated other comprehensive loss (330.8) (329.2)
Total Hubbell Incorporated Shareholders’ Equity 2,229.8 2,070.0
Noncontrolling interest 10.9 15.4
TOTAL EQUITY 2,240.7 2,085.4
TOTAL LIABILITIES AND EQUITY $ 5,281.5 $ 5,085.1