XML 28 R6.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements Of Changes In Equity - USD ($)
shares in Millions, $ in Millions
Total
Common shares
Capital contribution reserve
Retained earnings
Accumulated other comprehensive income (loss)
Balance (in shares) at Dec. 31, 2017   180.3      
Beginning Balance at Dec. 31, 2017 $ 5,037.8 $ 1.8 $ 2,797.7 $ 2,481.7 $ (243.4)
Net income 347.4     347.4  
Cumulative Effect of New Accounting Principle in Period of Adoption (214.0)     (214.0)  
Other comprehensive income, net of tax 62.6       62.6
Distribution to nVent 2,777.0   (438.2) (2,291.0) 47.8
Dividends declared (154.9)     (154.9)  
Share repurchase (in shares)   (10.2)      
Share repurchases $ (500.0) $ (0.1) (499.9)    
Exercise of options, net of shares tendered for payment (in shares) 0.9        
Exercise of options, net of shares tendered for payment $ 24.3   24.3    
Issuance of restricted shares, net of cancellations (in shares) 0.5        
Issuance of restricted shares, net of cancellations $ 0.0        
Shares surrendered by employees to pay taxes (in shares)   (0.1)      
Shares surrendered by employees to pay taxes (11.0)   (11.0)    
Share-based compensation 20.9   20.9    
Balance (in shares) at Dec. 31, 2018   171.4      
Ending Balance at Dec. 31, 2018 1,836.1 $ 1.7 1,893.8 169.2 (228.6)
Net income 355.7     355.7  
Other comprehensive income, net of tax 2.1       2.1
Dividends declared (123.9)     (123.9)  
Share repurchase (in shares)   (4.0)      
Share repurchases (150.0)   (150.0)    
Exercise of options, net of shares tendered for payment (in shares)   0.7      
Exercise of options, net of shares tendered for payment 17.1   17.1    
Issuance of restricted shares, net of cancellations (in shares)   0.3      
Issuance of restricted shares, net of cancellations 0.0        
Shares surrendered by employees to pay taxes (in shares)   (0.1)      
Shares surrendered by employees to pay taxes (4.6)   (4.6)    
Share-based compensation 21.4   21.4    
Balance (in shares) at Dec. 31, 2019   168.3      
Ending Balance at Dec. 31, 2019 1,953.9 $ 1.7 1,777.7 401.0 (226.5)
Net income 358.6     358.6  
Other comprehensive income, net of tax 19.2       19.2
Dividends declared (128.4)     (128.4)  
Share repurchase (in shares)   (3.7)      
Share repurchases $ (150.2)   (150.2)    
Exercise of options, net of shares tendered for payment (in shares) 1.1 1.3      
Exercise of options, net of shares tendered for payment $ 37.6   37.6    
Issuance of restricted shares, net of cancellations (in shares)   0.3      
Issuance of restricted shares, net of cancellations 0.0        
Shares surrendered by employees to pay taxes (in shares)   (0.1)      
Shares surrendered by employees to pay taxes (4.7)   (4.7)    
Share-based compensation 20.3   20.3    
Balance (in shares) at Dec. 31, 2020   166.1      
Ending Balance at Dec. 31, 2020 $ 2,106.3 $ 1.7 $ 1,680.7 $ 631.2 $ (207.3)