HUBBELL INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
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FY2024 · Filed Feb 13, 2025
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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Consolidated Balance Sheet
| At December 31, | ||
|---|---|---|
| (in millions, except share and per share amounts) | 2024 | 2023 |
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | $329.1 | $336.1 |
| Short-term investments | 15.9 | 12.6 |
| Accounts receivable (net of allowances of $11.3 and $11.6) | 756.0 | 785.4 |
| Inventories, net | 841.8 | 832.9 |
| Other current assets | 146.5 | 129.7 |
| Assets held for sale - current | — | 70.5 |
| Total Current Assets | 2,089.3 | 2,167.2 |
| Property, Plant, and Equipment, net | 726.6 | 652.6 |
| Other Assets | ||
| Investments | 84.9 | 75.8 |
| Goodwill | 2,500.8 | 2,533.4 |
| Other intangible assets, net | 1,080.0 | 1,196.0 |
| Other long-term assets | 197.5 | 197.1 |
| Assets held for sale - non-current | — | 91.9 |
| TOTAL ASSETS | $6,679.1 | $6,914.0 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities | ||
| Short-term debt and current portion of long-term debt | $125.4 | $117.4 |
| Accounts payable | 541.7 | 563.5 |
| Accrued salaries, wages and employee benefits | 145.7 | 173.6 |
| Accrued insurance | 89.0 | 79.1 |
| Other accrued liabilities | 372.4 | 365.2 |
| Liabilities held for sale - current | — | 24.6 |
| Total Current Liabilities | 1,274.2 | 1,323.4 |
| Long-term Debt | 1,442.7 | 2,023.2 |
| Other Non-Current Liabilities | 679.5 | 660.6 |
| Liabilities held for sale - non-current | — | 17.5 |
| TOTAL LIABILITIES | $3,396.4 | $4,024.7 |
| Commitments and Contingencies (see Note 16) | ||
| Hubbell Incorporated Shareholders’ Equity | ||
| Common stock - Authorized 200,000,000 shares, outstanding 53,759,976 and 53,730,566 shares | $0.6 | $0.6 |
| Additional paid-in capital | 2.6 | 6.1 |
| Retained earnings | 3,651.6 | 3,182.7 |
| Accumulated other comprehensive loss | (386.5) | (312.4) |
| Total Hubbell Incorporated Shareholders’ Equity | 3,268.3 | 2,877.0 |
| Noncontrolling interest | 14.4 | 12.3 |
| TOTAL EQUITY | 3,282.7 | 2,889.3 |
| TOTAL LIABILITIES AND EQUITY | $6,679.1 | $6,914.0 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.