$NVT
nVent Electric plc Stock $nvt

$nvt Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000172063521000026 Filed on April 29, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$548.9M	$520.9M
YoY Change	5.38%	-3.18%
Cost Of Revenue	$339.9M	$325.6M
YoY Change	4.39%	-0.76%
Gross Profit	$209.0M	$195.3M
YoY Change	7.01%	-6.96%
Gross Profit Margin	38.08%	37.49%
Selling, General & Admin	$117.2M	$123.1M
YoY Change	-4.79%	2.5%
% of Gross Profit	56.08%	63.03%
Research & Development	$11.40M	$11.90M
YoY Change	-4.2%	-3.25%
% of Gross Profit	5.45%	6.09%
Depreciation & Amortization	$9.700M	$9.600M
YoY Change	1.04%	14.29%
% of Gross Profit	4.64%	4.92%
Operating Expenses	$128.6M	$135.0M
YoY Change	-4.74%	1.96%
Operating Profit	$80.40M	$60.30M
YoY Change	33.33%	-22.19%
Interest Expense	-$8.100M	-$9.900M
YoY Change	-18.18%	-5.71%
% of Operating Profit	-10.07%	-16.42%
Other Income/Expense, Net	-$600.0K	-$800.0K
YoY Change	-25.0%	-11.11%
Pretax Income	$71.70M	$49.60M
YoY Change	44.56%	-24.96%
Income Tax	$6.300M	$31.00M
% Of Pretax Income	8.79%	62.5%
Net Earnings	$65.40M	$18.60M
YoY Change	251.61%	-67.02%
Net Earnings / Revenue	11.91%	3.57%
Basic Earnings Per Share		$0.11
Diluted Earnings Per Share	$387.4K	$0.11
COMMON SHARES
Basic Shares Outstanding	167.7M shares	169.8M shares
Diluted Shares Outstanding	168.8M shares	171.0M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$104.9M	$187.9M
YoY Change	-44.17%	476.38%
Cash & Equivalents	$104.9M	$187.9M
Short-Term Investments
Other Short-Term Assets	$104.5M	$115.8M
YoY Change	-9.76%	-8.46%
Inventory	$237.9M	$249.0M
Prepaid Expenses
Receivables	$396.5M	$394.2M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$799.0M	$885.8M
YoY Change	-9.8%	18.71%
LONG-TERM ASSETS
Property, Plant & Equipment	$282.7M	$278.6M
YoY Change	1.47%	5.29%
Goodwill	$2.094B	$2.291B
YoY Change	-8.58%	2.55%
Intangibles	$1.089B	$1.154B
YoY Change	-5.69%	-0.37%
Long-Term Investments
YoY Change
Other Assets	$133.3M	$120.6M
YoY Change	10.53%	69.14%
Total Long-Term Assets	$3.599B	$3.566B
YoY Change	0.93%	2.94%
TOTAL ASSETS
Total Short-Term Assets	$799.0M	$885.8M
Total Long-Term Assets	$3.599B	$3.566B
Total Assets	$4.398B	$4.730B
YoY Change	-7.02%	5.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$176.9M	$150.9M
YoY Change	17.23%	1.21%
Accrued Expenses	$133.8M	$107.2M
YoY Change	24.81%	-1.74%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$20.00M	$18.80M
YoY Change	6.38%	36.23%
Total Short-Term Liabilities	$463.8M	$409.2M
YoY Change	13.34%	-0.24%
LONG-TERM LIABILITIES
Long-Term Debt	$943.2M	$1.211B
YoY Change	-22.13%	28.93%
Other Long-Term Liabilities	$102.9M	$89.80M
YoY Change	14.59%	-15.04%
Total Long-Term Liabilities	$1.046B	$1.301B
YoY Change	-19.59%	24.49%
TOTAL LIABILITIES
Total Short-Term Liabilities	$463.8M	$409.2M
Total Long-Term Liabilities	$1.046B	$1.301B
Total Liabilities	$1.948B	$2.154B
YoY Change	-9.55%	17.07%
SHAREHOLDERS EQUITY
Retained Earnings	$56.70M	$175.5M
YoY Change	-67.69%	60.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.450B	$2.577B
YoY Change
Total Liabilities & Shareholders Equity	$4.398B	$4.730B
YoY Change	-7.02%	5.71%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$65.40M	$18.60M
YoY Change	251.61%	-67.02%
Depreciation, Depletion And Amortization	$9.700M	$9.600M
YoY Change	1.04%	14.29%
Cash From Operating Activities	$49.90M	$6.700M
YoY Change	644.78%	-151.15%
INVESTING ACTIVITIES
Capital Expenditures	$9.900M	$10.20M
YoY Change	-2.94%	10.87%
Acquisitions	$3.900M	$27.00M
YoY Change	-85.56%
Other Investing Activities	-$3.800M	-$25.90M
YoY Change	-85.33%	-531.67%
Cash From Investing Activities	-$13.70M	-$36.10M
YoY Change	-62.05%	1028.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$20.00M	$3.200M
YoY Change	525.0%	-95.8%
Debt Paid & Issued, Net	$5.000M	$3.800M
YoY Change	31.58%	52.0%
Cash From Financing Activities	-$52.40M	$116.3M
YoY Change	-145.06%	-207.09%
NET CHANGE
Cash From Operating Activities	$49.90M	$6.700M
Cash From Investing Activities	-$13.70M	-$36.10M
Cash From Financing Activities	-$52.40M	$116.3M
Net Change In Cash	-$17.60M	$81.50M
YoY Change	-121.6%	-164.48%
FREE CASH FLOW
Cash From Operating Activities	$49.90M	$6.700M
Capital Expenditures	$9.900M	$10.20M
Free Cash Flow	$40.00M	-$3.500M
YoY Change	-1242.86%	-84.3%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001720635
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	001-38265
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	nVent Electric plc
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	L2
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-1391970
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	The Mille, 1000 Great West Road, 8th Floor (East)
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	London
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	TW8 9DW
CY2021Q1	dei	Entity Address Country EntityAddressCountry	GB
CY2021Q1	dei	Country Region CountryRegion	44
CY2021Q1	dei	City Area Code CityAreaCode	20
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	3966-0279
CY2021Q1	dei	Security12b Title Security12bTitle	Ordinary Shares, nominal value $0.01 per share
CY2021Q1	dei	Trading Symbol TradingSymbol	NVT
CY2021Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	167677815	shares
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CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	520900000	USD
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CY2020Q1	us-gaap	Gross Profit GrossProfit	195300000	USD
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	117200000	USD
CY2020Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	123100000	USD
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CY2020Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	11900000	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	80400000	USD
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CY2021Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-8100000	USD
CY2020Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-9900000	USD
CY2021Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	600000	USD
CY2020Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	800000	USD
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CY2021Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3000000.0	USD
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CY2021Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.175
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CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	104900000	USD
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CY2021Q1	us-gaap	Goodwill Goodwill	2094300000	USD
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CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	20000000.0	USD
CY2020Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3200000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-52400000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	116300000	USD
CY2021Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1400000	USD
CY2020Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-5400000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-17600000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	81500000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	122500000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	106400000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	104900000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	187900000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2409800000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	65400000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	22300000	USD
CY2021Q1	us-gaap	Dividends Common Stock DividendsCommonStock	29400000	USD
CY2021Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	20000000.0	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	4100000	USD
CY2021Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	0	shares
CY2021Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2000000.0	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	-200000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2450000000.0	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	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2576600000	USD
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
CY2021Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	548900000	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	520900000	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	548900000	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	520900000	USD
CY2021Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	44800000	USD
CY2020Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	45600000	USD
CY2021Q1	nvt	Contract With Customer Asset Increase Decrease Amount ContractWithCustomerAssetIncreaseDecreaseAmount	-800000	USD
CY2021Q1	nvt	Contract With Customer Asset Increase Decrease Percent ContractWithCustomerAssetIncreaseDecreasePercent	-0.018
CY2021Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	12800000	USD
CY2020Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	11300000	USD
CY2021Q1	nvt	Contract With Customer Liability Increase Decrease Amount ContractWithCustomerLiabilityIncreaseDecreaseAmount	1500000	USD
CY2021Q1	nvt	Contract With Customer Liability Increase Decrease Percent ContractWithCustomerLiabilityIncreaseDecreasePercent	0.133
CY2021Q1	nvt	Contract With Customer Asset Liability Net ContractWithCustomerAssetLiabilityNet	32000000.0	USD
CY2020Q4	nvt	Contract With Customer Asset Liability Net ContractWithCustomerAssetLiabilityNet	34300000	USD
CY2021Q1	nvt	Contract With Customer Asset Liability Net Increase Decrease Amount ContractWithCustomerAssetLiabilityNetIncreaseDecreaseAmount	-2300000	USD
CY2021Q1	nvt	Contract With Customer Asset Liability Net Increase Decrease Percent ContractWithCustomerAssetLiabilityNetIncreaseDecreasePercent	-0.067
CY2021Q1	nvt	Contract With Customer Asset Liability Net Increase Decrease Amount ContractWithCustomerAssetLiabilityNetIncreaseDecreaseAmount	-2300000	USD
CY2021Q1	us-gaap	Capitalized Contract Cost Impairment Loss CapitalizedContractCostImpairmentLoss	0	USD
CY2021Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	95100000	USD
CY2021Q1	us-gaap	Restructuring Charges RestructuringCharges	800000	USD
CY2020Q1	us-gaap	Restructuring Charges RestructuringCharges	4300000	USD
CY2021Q1	us-gaap	Restructuring Charges RestructuringCharges	800000	USD
CY2020Q1	us-gaap	Restructuring Charges RestructuringCharges	4300000	USD
CY2020Q4	us-gaap	Restructuring Reserve RestructuringReserve	6600000	USD
CY2021Q1	us-gaap	Restructuring And Related Cost Incurred Cost RestructuringAndRelatedCostIncurredCost	200000	USD
CY2021Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	3200000	USD
CY2021Q1	us-gaap	Restructuring Reserve RestructuringReserve	3600000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	65400000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	18600000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	167700000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	169800000	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1100000	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	1200000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	168800000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	171000000.0	shares
CY2021Q1	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	0.39
CY2020Q1	us-gaap	Basic Earnings Per Share Pro Forma BasicEarningsPerShareProForma	0.11
CY2021Q1	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	0.39
CY2020Q1	us-gaap	Diluted Earnings Per Share Pro Forma DilutedEarningsPerShareProForma	0.11
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2000000.0	shares
CY2020Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2900000	shares
CY2020Q4	us-gaap	Goodwill Goodwill	2098200000	USD
CY2021Q1	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	100000	USD
CY2021Q1	us-gaap	Goodwill Other Increase Decrease GoodwillOtherIncreaseDecrease	-4000000.0	USD
CY2021Q1	us-gaap	Goodwill Goodwill	2094300000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1230000000.0	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	414400000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	815600000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	1230800000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	398400000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	832400000	USD
CY2021Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	1503100000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	414400000	USD
CY2021Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1088700000	USD
CY2020Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	1503900000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	398400000	USD
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	1105500000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	15900000	USD
CY2020Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16000000.0	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	47500000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	63300000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	63100000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	62500000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	62500000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	62500000	USD
CY2021Q1	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	69900000	USD
CY2020Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	67300000	USD
CY2021Q1	us-gaap	Inventory Work In Process InventoryWorkInProcess	26800000	USD
CY2020Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	24400000	USD
CY2021Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	141200000	USD
CY2020Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	143500000	USD
CY2021Q1	us-gaap	Inventory Net InventoryNet	237900000	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	235200000	USD
CY2021Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	44800000	USD
CY2020Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	45600000	USD
CY2021Q1	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	45500000	USD
CY2020Q4	us-gaap	Other Prepaid Expense Current OtherPrepaidExpenseCurrent	29800000	USD
CY2021Q1	us-gaap	Prepaid Taxes PrepaidTaxes	10500000	USD
CY2020Q4	us-gaap	Prepaid Taxes PrepaidTaxes	13400000	USD
CY2021Q1	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	3700000	USD
CY2020Q4	us-gaap	Other Assets Miscellaneous Current OtherAssetsMiscellaneousCurrent	4100000	USD
CY2021Q1	us-gaap	Other Assets Current OtherAssetsCurrent	104500000	USD
CY2020Q4	us-gaap	Other Assets Current OtherAssetsCurrent	92900000	USD
CY2021Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	40300000	USD
CY2020Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	41000000.0	USD
CY2021Q1	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	181700000	USD
CY2020Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	185500000	USD
CY2021Q1	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	465200000	USD
CY2020Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	461400000	USD
CY2021Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	27000000.0	USD
CY2020Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	30300000	USD
CY2021Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	714200000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	718200000	USD
CY2021Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	431500000	USD
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	428800000	USD
CY2021Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	282700000	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	289400000	USD
CY2021Q1	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	18900000	USD
CY2020Q4	us-gaap	Deferred Compensation Plan Assets DeferredCompensationPlanAssets	20000000.0	USD
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	49100000	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	45600000	USD
CY2021Q1	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	30400000	USD
CY2020Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	29800000	USD
CY2021Q1	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	34900000	USD
CY2020Q4	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	13200000	USD
CY2021Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	133300000	USD
CY2020Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	108600000	USD
CY2021Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	29300000	USD
CY2020Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	29400000	USD
CY2021Q1	us-gaap	Accrued Exchange Fee Rebate Current And Noncurrent AccruedExchangeFeeRebateCurrentAndNoncurrent	43300000	USD
CY2020Q4	us-gaap	Accrued Exchange Fee Rebate Current And Noncurrent AccruedExchangeFeeRebateCurrentAndNoncurrent	40500000	USD
CY2021Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	12800000	USD
CY2020Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	11300000	USD
CY2021Q1	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	24600000	USD
CY2020Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	32800000	USD
CY2021Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	14200000	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	14200000	USD
CY2021Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	66400000	USD
CY2020Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	60300000	USD
CY2021Q1	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	190600000	USD
CY2020Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	188500000	USD
CY2021Q1	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	30100000	USD
CY2020Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	31700000	USD
CY2021Q1	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	18900000	USD
CY2020Q4	us-gaap	Deferred Compensation Liability Current DeferredCompensationLiabilityCurrent	20000000.0	USD
CY2021Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	39200000	USD
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	35700000	USD
CY2021Q1	nvt	Other Liabilities Miscellaneous Noncurrent OtherLiabilitiesMiscellaneousNoncurrent	14700000	USD
CY2020Q4	nvt	Other Liabilities Miscellaneous Noncurrent OtherLiabilitiesMiscellaneousNoncurrent	22900000	USD
CY2021Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	102900000	USD
CY2020Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	110300000	USD
CY2021Q1	us-gaap	Net Investment Hedge Derivatives At Fair Value Net NetInvestmentHedgeDerivativesAtFairValueNet	9100000	USD
CY2020Q4	us-gaap	Net Investment Hedge Derivatives At Fair Value Net NetInvestmentHedgeDerivativesAtFairValueNet	6900000	USD
CY2021Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	3900000	USD
CY2020Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	4100000	USD
CY2021Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	943200000	USD
CY2020Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	948000000.0	USD
CY2021Q1	us-gaap	Debt Current DebtCurrent	20000000.0	USD
CY2020Q4	us-gaap	Debt Current DebtCurrent	20000000.0	USD
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	923200000	USD
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	928000000.0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	15000000.0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	20000000.0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	412100000	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	0	USD
CY2021Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	500000000.0	USD
CY2021Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	947100000	USD
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.088
CY2020Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.625
CY2021Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	15500000	USD
CY2020Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	17100000	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
CY2021Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	900000	shares
CY2021Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	20000000.0	USD
CY2020Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	200000	shares
CY2020Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	3200000	USD
CY2021Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	525100000	USD
CY2021Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	880000000.0	USD
CY2019Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.175
CY2021Q1	us-gaap	Dividends Payable Current DividendsPayableCurrent	29300000	USD
CY2020Q4	us-gaap	Dividends Payable Current DividendsPayableCurrent	29400000	USD
CY2021Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	548900000	USD
CY2020Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	520900000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	71700000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	49600000	USD
CY2021Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	0	USD
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	0	USD

Files In Submission

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$NVT
nVent Electric plc Stock $nvt

2021 Q1 Form 10-Q Financial Statement

#000172063521000026 Filed on April 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVT nVent Electric plc Stock $nvt

2021 Q1 Form 10-Q Financial Statement

#000172063521000026 Filed on April 29, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVT
nVent Electric plc Stock $nvt