2012 Q3 Form 10-Q Financial Statement

#000130817912000185 Filed on October 19, 2012

View on sec.gov

Income Statement

Concept 2012 Q3 2011 Q4 2011 Q3
Revenue $789.7M $740.0M $764.3M
YoY Change 3.32% 15.75% 11.58%
Cost Of Revenue $521.2M $503.7M $512.0M
YoY Change 1.8% 16.46% 13.83%
Gross Profit $268.5M $236.3M $252.3M
YoY Change 6.42% 14.26% 7.27%
Gross Profit Margin 34.0% 31.93% 33.01%
Selling, General & Admin $133.4M $126.5M $127.0M
YoY Change 5.04% 9.24% 7.99%
% of Gross Profit 49.68% 53.53% 50.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.20M $16.50M $16.90M
YoY Change -4.14% -6.78% -6.11%
% of Gross Profit 6.03% 6.98% 6.7%
Operating Expenses $133.4M $126.5M $127.0M
YoY Change 5.04% 9.24% 7.99%
Operating Profit $135.1M $109.8M $125.3M
YoY Change 7.82% 20.66% 6.55%
Interest Expense -$7.200M -$7.300M -$7.300M
YoY Change -1.37% -9.88% -6.41%
% of Operating Profit -5.33% -6.65% -5.83%
Other Income/Expense, Net $1.100M -$600.0K $0.00
YoY Change 500.0% -100.0%
Pretax Income $129.0M $101.9M $118.0M
YoY Change 9.32% 49.63% 8.06%
Income Tax $41.40M $31.40M $34.70M
% Of Pretax Income 32.09% 30.81% 29.41%
Net Earnings $87.10M $70.00M $82.40M
YoY Change 5.7% 40.85% 15.57%
Net Earnings / Revenue 11.03% 9.46% 10.78%
Basic Earnings Per Share $1.47 $1.18 $1.38
Diluted Earnings Per Share $1.45 $1.17 $1.37
COMMON SHARES
Basic Shares Outstanding 59.10M shares 59.30M shares
Diluted Shares Outstanding 59.70M shares 59.90M shares

Balance Sheet

Concept 2012 Q3 2011 Q4 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $614.6M $582.4M $518.5M
YoY Change 18.53% 9.99% 46.39%
Cash & Equivalents $605.6M $569.6M $511.8M
Short-Term Investments $9.000M $12.80M $6.700M
Other Short-Term Assets $53.10M $58.50M $59.50M
YoY Change -10.76% 3.72% -11.85%
Inventory $356.3M $318.3M $331.2M
Prepaid Expenses
Receivables $468.6M $394.3M $455.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.493B $1.354B $1.365B
YoY Change 9.39% 10.39% 21.28%
LONG-TERM ASSETS
Property, Plant & Equipment $356.9M $359.6M $357.3M
YoY Change -0.11% 0.36% -0.11%
Goodwill $727.3M $722.7M
YoY Change 0.46% -3.2%
Intangibles $269.5M $259.9M
YoY Change -1.46%
Long-Term Investments $38.00M $42.00M $39.30M
YoY Change -3.31% 39.07% 26.77%
Other Assets $61.80M $94.60M $66.40M
YoY Change -6.93% 0.96% -8.29%
Total Long-Term Assets $1.480B $1.493B $1.446B
YoY Change 2.36% 0.9% -2.59%
TOTAL ASSETS
Total Short-Term Assets $1.493B $1.354B $1.365B
Total Long-Term Assets $1.480B $1.493B $1.446B
Total Assets $2.972B $2.847B $2.810B
YoY Change 5.77% 5.2% 7.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $220.0M $215.7M $221.0M
YoY Change -0.45% 34.14% 27.82%
Accrued Expenses $138.1M $133.7M $173.7M
YoY Change -20.5% -5.58% 5.98%
Deferred Revenue
YoY Change
Short-Term Debt $200.0K $2.900M $2.300M
YoY Change -91.3% 61.11% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $493.0M $492.1M $529.8M
YoY Change -6.95% 10.58% 10.98%
LONG-TERM LIABILITIES
Long-Term Debt $596.6M $596.3M $596.2M
YoY Change 0.07% 0.07% 18.74%
Other Long-Term Liabilities $264.1M $48.00M $201.6M
YoY Change 31.0% 6.9% 2.44%
Total Long-Term Liabilities $860.7M $644.3M $797.8M
YoY Change 7.88% 0.55% 14.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $493.0M $492.1M $529.8M
Total Long-Term Liabilities $860.7M $644.3M $797.8M
Total Liabilities $1.354B $1.373B $1.328B
YoY Change 1.97% 10.52% 12.86%
SHAREHOLDERS EQUITY
Retained Earnings $1.671B $1.516B $1.468B
YoY Change 13.78% 13.24%
Common Stock $76.30M $102.4M $91.80M
YoY Change -16.88% -49.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.613B $1.468B $1.477B
YoY Change
Total Liabilities & Shareholders Equity $2.972B $2.847B $2.810B
YoY Change 5.77% 5.2% 7.7%

Cashflow Statement

Concept 2012 Q3 2011 Q4 2011 Q3
OPERATING ACTIVITIES
Net Income $87.10M $70.00M $82.40M
YoY Change 5.7% 40.85% 15.57%
Depreciation, Depletion And Amortization $16.20M $16.50M $16.90M
YoY Change -4.14% -6.78% -6.11%
Cash From Operating Activities $87.40M $117.8M $100.8M
YoY Change -13.29% 30.6% 21.59%
INVESTING ACTIVITIES
Capital Expenditures -$10.30M -$14.10M -$10.20M
YoY Change 0.98% 4.44% -11.3%
Acquisitions
YoY Change
Other Investing Activities $14.00M -$30.80M -$3.400M
YoY Change -511.76% -1439.13% 112.5%
Cash From Investing Activities $3.700M -$44.90M -$13.60M
YoY Change -127.21% 300.89% 3.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -34.40M -14.10M -77.70M
YoY Change -55.73% -114.45% 254.79%
NET CHANGE
Cash From Operating Activities 87.40M 117.8M 100.8M
Cash From Investing Activities 3.700M -44.90M -13.60M
Cash From Financing Activities -34.40M -14.10M -77.70M
Net Change In Cash 56.70M 58.80M 9.500M
YoY Change 496.84% -66.7% -80.17%
FREE CASH FLOW
Cash From Operating Activities $87.40M $117.8M $100.8M
Capital Expenditures -$10.30M -$14.10M -$10.20M
Free Cash Flow $97.70M $131.9M $111.0M
YoY Change -11.98% 27.19% 17.58%

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us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
0 USD
CY2012Q3 hubb Operating Income Percentage Of Sales
OperatingIncomePercentageOfSales
0.171 pure
CY2011Q3 hubb Operating Income Percentage Of Sales
OperatingIncomePercentageOfSales
0.164 pure
hubb Operating Income Percentage Of Sales
OperatingIncomePercentageOfSales
0.147 pure
CY2012Q3 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
127400000 USD
CY2012Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
80800000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
145800000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
153700000 USD
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
600000 USD
CY2012Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
240100000 USD
CY2012Q3 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
448300000 USD
CY2011Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
122200000 USD
CY2011Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
71300000 USD
CY2011Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
213300000 USD
CY2011Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
406800000 USD
CY2012Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
92000000 USD
CY2011Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
88500000 USD
us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
2400000 USD
CY2012Q3 hubb Excess Of Goodwill Implied Fair Value Over Carrying Value Beginning Range
ExcessOfGoodwillImpliedFairValueOverCarryingValueBeginningRange
0.75 pure
CY2012Q3 hubb Excess Of Goodwill Implied Fair Value Over Carrying Value End Of Range
ExcessOfGoodwillImpliedFairValueOverCarryingValueEndOfRange
3.20 pure
hubb Goodwill Acquired
GoodwillAcquired
12700000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
303300000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
278900000 USD
CY2012Q3 hubb Total Gross Other Intangible Assets
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359800000 USD
CY2011Q4 hubb Total Gross Other Intangible Assets
TotalGrossOtherIntangibleAssets
335000000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
13300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12400000 USD
CY2011Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
56100000 USD
CY2012Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
56500000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
79200000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
65500000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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4200000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17500000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
16900000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
15200000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14500000 USD
CY2012Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
13400000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
7700000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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21400000 USD
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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11300000 USD
hubb Acquisition And Surrender Of Common Shares
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-66700000 USD
CY2012Q3 us-gaap Accrued Marketing Costs Current
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29500000 USD
CY2012Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
24600000 USD
CY2012Q3 us-gaap Deferred Revenue Current
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16500000 USD
CY2012Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
67500000 USD
CY2011Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
59700000 USD
CY2011Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
18100000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
75700000 USD
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
101800000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1670600000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1515800000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
2500000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
800000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1000000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-134400000 USD
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-150400000 USD
hubb Schedule Of Total Equity Tabletextblock
ScheduleOfTotalEquityTabletextblock
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 430px; text-align:left;border-color:#000000;min-width:430px;">&#160;</td><td colspan="2" style="width: 80px; text-align:center;border-color:#000000;min-width:80px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">September 30,</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;">&#160;</td><td colspan="2" style="width: 75px; text-align:center;border-color:#000000;min-width:75px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">December 31,</font></td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 430px; text-align:left;border-color:#000000;min-width:430px;">&#160;</td><td colspan="2" style="width: 80px; 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text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 0.8</font></td><td style="width: 20px; text-align:left;border-color:#000000;min-width:20px;">&#160;</td><td style="width: 15px; text-align:center;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 60px; text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1.0</font></td></tr><tr style="height: 17px"><td style="width: 15px; text-align:left;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 430px; text-align:left;border-color:#000000;min-width:430px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Cash flow hedge loss, net of tax</font></td><td style="width: 15px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 65px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (0.8)</font></td><td style="width: 20px; 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text-align:left;border-color:#000000;min-width:20px;">&#160;</td><td style="width: 15px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 60px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:60px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> (150.4)</font></td></tr><tr style="height: 17px"><td colspan="2" style="width: 445px; text-align:left;border-color:#000000;min-width:445px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Hubbell shareholders' equity</font></td><td style="width: 15px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:15px;">&#160;</td><td style="width: 65px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:65px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 1,612.5</font></td><td style="width: 20px; 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CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-200000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-800000 USD
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
600000 USD
hubb Schedule Of Changes In Total Equity Tabletextblock
ScheduleOfChangesInTotalEquityTabletextblock
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 175px; text-align:center;border-color:#000000;min-width:175px;">&#160;</td><td colspan="17" style="width: 468px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:468px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Nine Months Ended September 30</font></td></tr><tr style="height: 15px"><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 175px; text-align:left;border-color:#000000;min-width:175px;">&#160;</td><td colspan="8" style="width: 229px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:229px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">2012</font></td><td style="width: 10px; 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border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:5px;">&#160;</td><td colspan="2" style="width: 84px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:84px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Noncontrolling interest</font></td><td style="width: 5px; border-top-style:solid;border-top-width:1px;text-align:center;border-color:#000000;min-width:5px;">&#160;</td><td colspan="2" style="width: 57px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:57px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;TEXT-ALIGN: center;">Total Equity</font></td></tr><tr style="height: 16px"><td colspan="2" style="width: 180px; text-align:left;border-color:#000000;min-width:180px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Equity, January 1,</font></td><td style="width: 8px; 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border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,473.5</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,459.2</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; 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text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:8px;">&#160;</td><td style="width: 49px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> (68.2)</font></td></tr><tr style="height: 16px"><td colspan="2" style="width: 180px; text-align:left;border-color:#000000;min-width:180px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: left;">Equity, September 30,</font></td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,612.5</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 76px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 6.1</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,618.6</font></td><td style="width: 10px; text-align:left;border-color:#000000;min-width:10px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 70px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:70px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,477.1</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 76px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:76px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 5.4</font></td><td style="width: 5px; text-align:left;border-color:#000000;min-width:5px;">&#160;</td><td style="width: 8px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:left;border-color:#000000;min-width:8px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">$</font></td><td style="width: 49px; border-top-style:solid;border-top-width:1px;border-bottom-style:double;border-bottom-width:3px;text-align:right;border-color:#000000;min-width:49px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 8pt;COLOR: #000000;"> 1,482.5</font></td></tr></table></div>
us-gaap Dividends Common Stock
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73000000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
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17200000 USD
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
7700000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
68200000 USD
us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
4000000 USD
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AcquisitionAndSurrenderOfCommonShares
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
700000 USD
us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
200000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1000000 USD
us-gaap Share Based Goods And Nonemployee Services Transaction Stockholders Equity
ShareBasedGoodsAndNonemployeeServicesTransactionStockholdersEquity
800000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1463500000 USD
CY2011Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1482500000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
800000 USD
hubb Net Income Available To Common Shareholders
NetIncomeAvailableToCommonShareholders
227000000 USD
CY2012Q3 hubb Net Income Available To Common Shareholders
NetIncomeAvailableToCommonShareholders
86800000 USD
CY2012Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
300000 USD
CY2011Q3 hubb Net Income Available To Common Shareholders
NetIncomeAvailableToCommonShareholders
82200000 USD
CY2011Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
200000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
700000 USD
hubb Net Income Available To Common Shareholders
NetIncomeAvailableToCommonShareholders
197200000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59900000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
700000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60600000 shares
CY2012Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59100000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59700000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59300000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59900000 shares
CY2011Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59800000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
600000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59200000 shares
CY2011Q4 us-gaap Standard Product Warranty Accrual
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6200000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
7200000 USD
hubb Standard Product Warranty Expenditures And Other
StandardProductWarrantyExpendituresAndOther
-6300000 USD
CY2012Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
7100000 USD
CY2012Q3 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
0 USD
CY2012Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
0 USD
CY2012Q3 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
41300000 USD
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
50800000 USD
CY2011Q4 us-gaap Trading Account Assets Fair Value Disclosure
TradingAccountAssetsFairValueDisclosure
4000000 USD
CY2012Q3 us-gaap Trading Account Assets Fair Value Disclosure
TradingAccountAssetsFairValueDisclosure
5700000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
1300000 USD
CY2012Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
692900000 USD
us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
1400000 USD
CY2012Q3 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
5700000 USD
CY2011Q4 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
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4000000 USD
CY2012Q3 us-gaap Money Market Funds At Carrying Value
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444400000 USD
CY2011Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
365900000 USD
CY2011Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
675000000 USD
CY2011Q4 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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300000 USD
CY2012Q3 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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400000 USD
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CY2012Q3 us-gaap Gain Loss On Interest Rate Cash Flow Hedge Ineffectiveness
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CY2011Q3 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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800000 USD
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CY2012Q3 us-gaap Cash Flow Hedge Gain Loss Reclassified To Cost Of Sales Net
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us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
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us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
300000 USD
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us-gaap Cash Flow Hedge Gain Loss Reclassified To Cost Of Sales Net
CashFlowHedgeGainLossReclassifiedToCostOfSalesNet
0 USD

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