2020 Q1 Form 10-Q Financial Statement

#000172063520000021 Filed on April 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $520.9M $538.0M
YoY Change -3.18% -0.17%
Cost Of Revenue $325.6M $328.1M
YoY Change -0.76% -0.58%
Gross Profit $195.3M $209.9M
YoY Change -6.96% 0.48%
Gross Profit Margin 37.49% 39.01%
Selling, General & Admin $123.1M $120.1M
YoY Change 2.5% -8.95%
% of Gross Profit 63.03% 57.22%
Research & Development $11.90M $12.30M
YoY Change -3.25% 7.89%
% of Gross Profit 6.09% 5.86%
Depreciation & Amortization $9.600M $8.400M
YoY Change 14.29% -8.7%
% of Gross Profit 4.92% 4.0%
Operating Expenses $135.0M $132.4M
YoY Change 1.96% -7.61%
Operating Profit $60.30M $77.50M
YoY Change -22.19% 18.14%
Interest Expense -$9.900M -$10.50M
YoY Change -5.71% 1650.0%
% of Operating Profit -16.42% -13.55%
Other Income/Expense, Net -$800.0K -$900.0K
YoY Change -11.11% -25.0%
Pretax Income $49.60M $66.10M
YoY Change -24.96% 3.61%
Income Tax $31.00M $9.700M
% Of Pretax Income 62.5% 14.67%
Net Earnings $18.60M $56.40M
YoY Change -67.02% 7.84%
Net Earnings / Revenue 3.57% 10.48%
Basic Earnings Per Share $0.11 $0.32
Diluted Earnings Per Share $0.11 $0.32
COMMON SHARES
Basic Shares Outstanding 169.8M shares 176.5M shares
Diluted Shares Outstanding 171.0M shares 178.2M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $187.9M $32.60M
YoY Change 476.38% -96.1%
Cash & Equivalents $187.9M $32.60M
Short-Term Investments
Other Short-Term Assets $115.8M $126.5M
YoY Change -8.46% -5.67%
Inventory $249.0M $244.4M
Prepaid Expenses $37.50M
Receivables $394.2M $415.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $885.8M $746.2M
YoY Change 18.71% -51.06%
LONG-TERM ASSETS
Property, Plant & Equipment $278.6M $264.6M
YoY Change 5.29% -0.19%
Goodwill $2.291B $2.234B
YoY Change 2.55% -0.33%
Intangibles $1.154B $1.159B
YoY Change -0.37% -5.08%
Long-Term Investments
YoY Change
Other Assets $120.6M $71.30M
YoY Change 69.14% -7.76%
Total Long-Term Assets $3.566B $3.464B
YoY Change 2.94% -1.35%
TOTAL ASSETS
Total Short-Term Assets $885.8M $746.2M
Total Long-Term Assets $3.566B $3.464B
Total Assets $4.730B $4.475B
YoY Change 5.71% -15.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $150.9M $149.1M
YoY Change 1.21% 5.22%
Accrued Expenses $107.2M $109.1M
YoY Change -1.74% 19.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $18.80M $13.80M
YoY Change 36.23%
Total Short-Term Liabilities $409.2M $410.2M
YoY Change -0.24% 24.79%
LONG-TERM LIABILITIES
Long-Term Debt $1.211B $939.4M
YoY Change 28.93% 18.46%
Other Long-Term Liabilities $89.80M $105.7M
YoY Change -15.04% 23.63%
Total Long-Term Liabilities $1.301B $1.045B
YoY Change 24.49% 18.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $409.2M $410.2M
Total Long-Term Liabilities $1.301B $1.045B
Total Liabilities $2.154B $1.840B
YoY Change 17.07% 10.76%
SHAREHOLDERS EQUITY
Retained Earnings $175.5M $109.2M
YoY Change 60.71% -97.03%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.577B $2.635B
YoY Change
Total Liabilities & Shareholders Equity $4.730B $4.475B
YoY Change 5.71% -15.59%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $18.60M $56.40M
YoY Change -67.02% 7.84%
Depreciation, Depletion And Amortization $9.600M $8.400M
YoY Change 14.29% -8.7%
Cash From Operating Activities $6.700M -$13.10M
YoY Change -151.15% -136.29%
INVESTING ACTIVITIES
Capital Expenditures $10.20M $9.200M
YoY Change 10.87% 70.37%
Acquisitions $27.00M $0.00
YoY Change -100.0%
Other Investing Activities -$25.90M $6.000M
YoY Change -531.67% 1900.0%
Cash From Investing Activities -$36.10M -$3.200M
YoY Change 1028.13% -37.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.200M $76.10M
YoY Change -95.8%
Debt Paid & Issued, Net $3.800M $2.500M
YoY Change 52.0%
Cash From Financing Activities $116.3M -$108.6M
YoY Change -207.09% -113.88%
NET CHANGE
Cash From Operating Activities $6.700M -$13.10M
Cash From Investing Activities -$36.10M -$3.200M
Cash From Financing Activities $116.3M -$108.6M
Net Change In Cash $81.50M -$126.4M
YoY Change -164.48% -115.54%
FREE CASH FLOW
Cash From Operating Activities $6.700M -$13.10M
Capital Expenditures $10.20M $9.200M
Free Cash Flow -$3.500M -$22.30M
YoY Change -84.3% -172.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 dei Amendment Flag
AmendmentFlag
false
CY2020Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001720635
CY2020Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
169849544 shares
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5700000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5400000 USD
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000.0 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
169800000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
177200000 shares
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
0 USD
CY2020Q1 dei Document Type
DocumentType
10-Q
CY2020Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2020Q1 dei Document Period End Date
DocumentPeriodEndDate
2020-03-31
CY2020Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2020Q1 dei Entity File Number
EntityFileNumber
001-38265
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
nVent Electric plc
CY2020Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
L2
CY2020Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-1391970
CY2020Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
The Mille, 1000 Great West Road, 8th Floor (East)
CY2020Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
London
CY2020Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
TW8 9DW
CY2020Q1 dei Entity Address Country
EntityAddressCountry
GB
CY2020Q1 dei Country Region
CountryRegion
44
CY2020Q1 dei City Area Code
CityAreaCode
20
CY2020Q1 dei Local Phone Number
LocalPhoneNumber
3966-0279
CY2020Q1 dei Security12b Title
Security12bTitle
Ordinary Shares, nominal value $0.01 per share
CY2020Q1 dei Trading Symbol
TradingSymbol
NVT
CY2020Q1 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
169849544 shares
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
520900000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
538000000.0 USD
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
325600000 USD
CY2019Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
328100000 USD
CY2020Q1 us-gaap Gross Profit
GrossProfit
195300000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
209900000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
123100000 USD
CY2019Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
120100000 USD
CY2020Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11900000 USD
CY2019Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
12300000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
60300000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
77500000 USD
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-9900000 USD
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-10500000 USD
CY2020Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
800000 USD
CY2019Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
900000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49600000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
66100000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
31000000.0 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9700000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18600000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18600000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-23500000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3000000.0 USD
CY2020Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
17000000.0 USD
CY2019Q1 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-6200000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12100000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
53200000 USD
CY2020Q1 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.11
CY2019Q1 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.32
CY2020Q1 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.11
CY2019Q1 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.32
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169800000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
176500000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171000000.0 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178200000 shares
CY2020Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.175
CY2019Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.175
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187900000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106400000 USD
CY2020Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
333100000 USD
CY2019Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
334300000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
249000000.0 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
244700000 USD
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
115800000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
113300000 USD
CY2020Q1 us-gaap Assets Current
AssetsCurrent
885800000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
798700000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
278600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
284500000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
2290800000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
2279100000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1154400000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1160500000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
120600000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
117500000 USD
CY2020Q1 us-gaap Assets Noncurrent
AssetsNoncurrent
3565800000 USD
CY2019Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
3557100000 USD
CY2020Q1 us-gaap Assets
Assets
4730200000 USD
CY2019Q4 us-gaap Assets
Assets
4640300000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
18800000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17500000 USD
CY2020Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
150900000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
187100000 USD
CY2020Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
60900000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
71900000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
178600000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
185700000 USD
CY2020Q1 us-gaap Liabilities Current
LiabilitiesCurrent
409200000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
462200000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
1192400000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1047100000 USD
CY2020Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
208200000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
207200000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
254000000.0 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
237800000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
89800000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
93500000 USD
CY2020Q1 us-gaap Liabilities
Liabilities
2153600000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
2047800000 USD
CY2020Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1700000 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1700000 USD
CY2020Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2504500000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2502700000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
175500000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
186700000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-105100000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-98600000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2576600000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2592500000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4730200000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4640300000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18600000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2020Q1 us-gaap Depreciation
Depreciation
9600000 USD
CY2019Q1 us-gaap Depreciation
Depreciation
8400000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16000000.0 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15100000 USD
CY2020Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
26000000.0 USD
CY2019Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-2100000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1900000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4300000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2600000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1500000 USD
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6100000 USD
CY2019Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
16800000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
5700000 USD
CY2019Q1 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
8800000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-33300000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-40800000 USD
CY2020Q1 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-9300000 USD
CY2019Q1 us-gaap Increase Decrease In Other Employee Related Liabilities
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
-11200000 USD
CY2020Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-8600000 USD
CY2019Q1 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-2500000 USD
CY2020Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-200000 USD
CY2019Q1 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
13600000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6700000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13100000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10200000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9200000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1100000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6000000.0 USD
CY2020Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
27000000.0 USD
CY2019Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36100000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3200000 USD
CY2020Q1 nvt Net Receipts Of Revolving Long Term Debt
NetReceiptsOfRevolvingLongTermDebt
150000000.0 USD
CY2019Q1 nvt Net Receipts Of Revolving Long Term Debt
NetReceiptsOfRevolvingLongTermDebt
0 USD
CY2020Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3800000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2500000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29700000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
31000000.0 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
3000000.0 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1000000.0 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3200000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
76100000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
116300000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-108600000 USD
CY2020Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-5400000 USD
CY2019Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1500000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
81500000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-126400000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106400000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
159000000.0 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
187900000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
32600000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2592500000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18600000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6500000 USD
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
29800000 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3200000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
6400000 USD
CY2020Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
0 shares
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3300000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1900000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2576600000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2687100000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3200000 USD
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
30600000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
79900000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3600000 USD
CY2019Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
0 shares
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2600000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4300000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2635100000 USD
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2018Q2 nvt Spinoff Transaction Equity Interests Issued Per Ordinary Predecessor Share
SpinoffTransactionEquityInterestsIssuedPerOrdinaryPredecessorShare
1 shares
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
520900000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
538000000.0 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
520900000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
538000000.0 USD
CY2020Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
61100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
69400000 USD
CY2020Q1 nvt Contract With Customer Asset Increase Decrease Amount
ContractWithCustomerAssetIncreaseDecreaseAmount
-8300000 USD
CY2020Q1 nvt Contract With Customer Asset Increase Decrease Percent
ContractWithCustomerAssetIncreaseDecreasePercent
-0.120
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
14600000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13700000 USD
CY2020Q1 nvt Contract With Customer Liability Increase Decrease Amount
ContractWithCustomerLiabilityIncreaseDecreaseAmount
900000 USD
CY2020Q1 nvt Contract With Customer Liability Increase Decrease Percent
ContractWithCustomerLiabilityIncreaseDecreasePercent
0.066
CY2020Q1 nvt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
46500000 USD
CY2019Q4 nvt Contract With Customer Asset Liability Net
ContractWithCustomerAssetLiabilityNet
55700000 USD
CY2020Q1 nvt Contract With Customer Asset Liability Net Increase Decrease Amount
ContractWithCustomerAssetLiabilityNetIncreaseDecreaseAmount
-9200000 USD
CY2020Q1 nvt Contract With Customer Asset Liability Net Increase Decrease Percent
ContractWithCustomerAssetLiabilityNetIncreaseDecreasePercent
-0.165
CY2020Q1 nvt Contract With Customer Asset Liability Net Increase Decrease Amount
ContractWithCustomerAssetLiabilityNetIncreaseDecreaseAmount
-9200000 USD
CY2020Q1 us-gaap Capitalized Contract Cost Impairment Loss
CapitalizedContractCostImpairmentLoss
0 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
82300000 USD
CY2020Q1 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
100 employee
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
4300000 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
3600000 USD
CY2020Q1 us-gaap Restructuring Charges
RestructuringCharges
4300000 USD
CY2019Q1 us-gaap Restructuring Charges
RestructuringCharges
3600000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
9500000 USD
CY2020Q1 us-gaap Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
3500000 USD
CY2020Q1 us-gaap Payments For Restructuring
PaymentsForRestructuring
3100000 USD
CY2020Q1 us-gaap Restructuring Reserve
RestructuringReserve
9900000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18600000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
56400000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169800000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
176500000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1200000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1700000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
171000000.0 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178200000 shares
CY2020Q1 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.11
CY2019Q1 us-gaap Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
0.32
CY2020Q1 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.11
CY2019Q1 us-gaap Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
0.32
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2900000 shares
CY2019Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1900000 shares
CY2019Q4 us-gaap Goodwill
Goodwill
2279100000 USD
CY2020Q1 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
14400000 USD
CY2020Q1 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-2700000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
2290800000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
48000000.0 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1221800000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
348700000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
873100000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1212700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
333500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
879200000 USD
CY2020Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1503100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
348700000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1154400000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1494000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
333500000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1160500000 USD
CY2020Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16000000.0 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15100000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
62900000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
62800000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
62600000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
62000000.0 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
62000000.0 USD
CY2020Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
71600000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
67100000 USD
CY2020Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
27600000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
25600000 USD
CY2020Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
149800000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
152000000.0 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
249000000.0 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
244700000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
61100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
69400000 USD
CY2020Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
37000000.0 USD
CY2019Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
32500000 USD
CY2020Q1 us-gaap Prepaid Taxes
PrepaidTaxes
15300000 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
9000000.0 USD
CY2020Q1 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
2400000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
2400000 USD
CY2020Q1 us-gaap Other Assets Current
OtherAssetsCurrent
115800000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
113300000 USD
CY2020Q1 us-gaap Land And Land Improvements
LandAndLandImprovements
39600000 USD
CY2019Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
40600000 USD
CY2020Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
176100000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
181600000 USD
CY2020Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
444000000.0 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
440400000 USD
CY2020Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
16600000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
16500000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
676300000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
679100000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
397700000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
394600000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
278600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
284500000 USD
CY2020Q1 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
13800000 USD
CY2019Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
17300000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
43900000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
44200000 USD
CY2020Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
30800000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
40900000 USD
CY2020Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
32100000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
15100000 USD
CY2020Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
120600000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
117500000 USD
CY2020Q1 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
13800000 USD
CY2020Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
29700000 USD
CY2019Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
29700000 USD
CY2020Q1 us-gaap Accrued Exchange Fee Rebate Current And Noncurrent
AccruedExchangeFeeRebateCurrentAndNoncurrent
31800000 USD
CY2019Q4 us-gaap Accrued Exchange Fee Rebate Current And Noncurrent
AccruedExchangeFeeRebateCurrentAndNoncurrent
44100000 USD
CY2020Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
14600000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
13700000 USD
CY2020Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
18900000 USD
CY2019Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
24800000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14500000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14700000 USD
CY2020Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
69100000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
58700000 USD
CY2020Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
178600000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
185700000 USD
CY2020Q1 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
34500000 USD
CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
31900000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
17300000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33600000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33700000 USD
CY2020Q1 nvt Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
7900000 USD
CY2019Q4 nvt Other Liabilities Miscellaneous Noncurrent
OtherLiabilitiesMiscellaneousNoncurrent
10600000 USD
CY2020Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
89800000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
93500000 USD
CY2020Q1 us-gaap Net Investment Hedge Derivatives At Fair Value Net
NetInvestmentHedgeDerivativesAtFairValueNet
18900000 USD
CY2019Q4 us-gaap Net Investment Hedge Derivatives At Fair Value Net
NetInvestmentHedgeDerivativesAtFairValueNet
1900000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4700000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5000000.0 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1211200000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1064600000 USD
CY2020Q1 us-gaap Debt Current
DebtCurrent
18800000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
17500000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
1192400000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1047100000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
13800000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
20000000.0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
20000000.0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
662100000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3200000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
500000000.0 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1215900000 USD
CY2020Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.625
CY2019Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.147
CY2020Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19500000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17000000.0 USD
CY2020Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19400000 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 USD
CY2019Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
380000000.0 USD
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
200000 shares
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
3000000.0 shares
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
79900000 USD
CY2020Q1 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
585100000 shares
CY2020Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
880000000.0 shares
CY2019Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.175
CY2020Q1 us-gaap Dividends Payable Current
DividendsPayableCurrent
29700000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
520900000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
538000000.0 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
49600000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
66100000 USD
CY2020Q1 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P12M
CY2020Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5100000 USD
CY2019Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4200000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.039
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.043
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
12700000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12700000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8700000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5100000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
3700000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3200000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
7500000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
53600000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
5500000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
48100000 USD
CY2020Q1 us-gaap Lessee Operating Lease Lease Not Yet Commenced Description
LesseeOperatingLeaseLeaseNotYetCommencedDescription
no
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4600000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3900000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5200000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
600000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
43900000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
44200000 USD
CY2020Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14500000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14700000 USD
CY2020Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33600000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
33700000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
48100000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
48400000 USD
CY2020Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
0 USD

Files In Submission

Name View Source Status
0001720635-20-000021-index-headers.html Edgar Link pending
0001720635-20-000021-index.html Edgar Link pending
0001720635-20-000021.txt Edgar Link pending
0001720635-20-000021-xbrl.zip Edgar Link pending
ex22listofguarantorsan.htm Edgar Link pending
ex311ceocertification2.htm Edgar Link pending
ex312cfocertification2.htm Edgar Link pending
ex321ceocertification2.htm Edgar Link pending
ex322cfocertification2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
nvt-20200331.htm Edgar Link pending
nvt-20200331.xsd Edgar Link pending
nvt-20200331_cal.xml Edgar Link unprocessable
nvt-20200331_def.xml Edgar Link unprocessable
nvt-20200331_htm.xml Edgar Link completed
nvt-20200331_lab.xml Edgar Link unprocessable
nvt-20200331_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending