HUBBELL INC
For the period ended Jun 30, 2024. Filed Jul 31, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 31, 2024
HUBB$441.57+2.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (unaudited)
| (in millions) | June 30, 2024 | December 31, 2023 |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $397.2 | $336.1 |
| Short-term investments | 9.3 | 12.6 |
| Accounts receivable (net of allowances of $10.9 and $11.6) | 893.2 | 785.4 |
| Inventories, net | 856.5 | 832.9 |
| Other current assets | 118.5 | 129.7 |
| Assets held for sale - current | — | 70.5 |
| Total Current Assets | 2,274.7 | 2,167.2 |
| Property, Plant, and Equipment, net | 674.5 | 652.6 |
| Other Assets | ||
| Investments | 80.8 | 75.8 |
| Goodwill | 2,513.7 | 2,533.4 |
| Other intangible assets, net | 1,135.7 | 1,196.0 |
| Other long-term assets | 192.3 | 197.1 |
| Assets held for sale - non-current | — | 91.9 |
| TOTAL ASSETS | $6,871.7 | $6,914.0 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Short-term debt and current portion of long-term debt | $110.5 | $117.4 |
| Accounts payable | 586.7 | 563.5 |
| Accrued salaries, wages and employee benefits | 110.9 | 173.6 |
| Accrued insurance | 76.1 | 79.1 |
| Other accrued liabilities | 374.3 | 365.2 |
| Liabilities held for sale - current | — | 24.6 |
| Total Current Liabilities | 1,258.5 | 1,323.4 |
| Long-Term Debt | 1,892.7 | 2,023.2 |
| Other Non-Current Liabilities | 654.2 | 660.6 |
| Liabilities held for sale - non-current | — | 17.5 |
| TOTAL LIABILITIES | 3,805.4 | 4,024.7 |
| Commitments and contingencies (Note 15) | ||
| Hubbell Incorporated Shareholders’ Equity | 3,052.6 | 2,877.0 |
| Noncontrolling interest | 13.7 | 12.3 |
| TOTAL EQUITY | 3,066.3 | 2,889.3 |
| TOTAL LIABILITIES AND EQUITY | $6,871.7 | $6,914.0 |
HUBBELL INCORPORATED-Form 10-Q 5
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.