10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001720635-18-000008 |
| Period End Date | 20180331 |
| Filing Date | 20180508 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | nvt-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts and notes receivable, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$6.40M | USD | Point-in-time |
| Accounts and notes receivable, allowances |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$8.40M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$28.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$21.50M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$26.90M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$836.70M | USD | Point-in-time |
| Accounts and notes receivable, net of allowances of $6.4 and $8.4, respectively |
AccountsAndNotesReceivableNet
|
$355.20M | USD | Point-in-time |
| Accounts and notes receivable, net of allowances of $6.4 and $8.4, respectively |
AccountsAndNotesReceivableNet
|
$353.10M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$225.40M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$224.10M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$132.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$107.40M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.52B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$732.60M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$265.10M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$265.80M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.24B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.24B | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.24B | USD | Point-in-time |
| Intangibles, net |
IntangibleAssetsNetExcludingGoodwill
|
$1.22B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$49.30M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$251.80M | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$3.73B | USD | Point-in-time |
| Total other assets |
AssetsNoncurrent
|
$3.51B | USD | Point-in-time |
| Total assets |
Assets
|
$4.72B | USD | Point-in-time |
| Total assets |
Assets
|
$5.30B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$174.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$141.70M | USD | Point-in-time |
| Employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$60.20M | USD | Point-in-time |
| Employee compensation and benefits |
EmployeeRelatedLiabilitiesCurrent
|
$75.50M | USD | Point-in-time |
| Other current liabilities |
OtherAccruedLiabilitiesCurrent
|
$126.80M | USD | Point-in-time |
| Other current liabilities |
OtherAccruedLiabilitiesCurrent
|
$141.30M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$328.70M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$390.90M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
- | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$793.00M | USD | Point-in-time |
| Pension and other post-retirement compensation and benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$176.70M | USD | Point-in-time |
| Pension and other post-retirement compensation and benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$188.70M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$279.80M | USD | Point-in-time |
| Deferred tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$265.00M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$86.70M | USD | Point-in-time |
| Other non-current liabilities |
OtherLiabilitiesNoncurrent
|
$85.50M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.66B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$933.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.68B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$3.70B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-57.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-55.50M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.50B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.79B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.64B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$5.30B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.72B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net sales |
SalesRevenueNet
|
$538.90M | USD | 1 Quarter |
| Net sales |
SalesRevenueNet
|
$502.20M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$330.00M | USD | 1 Quarter |
| Cost of goods sold |
CostOfGoodsSold
|
$303.50M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$198.70M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$208.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$131.90M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$120.10M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$11.00M | USD | 1 Quarter |
| Research and development |
ResearchAndDevelopmentExpense
|
$11.40M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$67.60M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$65.60M | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-100.00K | USD | 1 Quarter |
| Interest expense |
InterestIncomeExpenseNet
|
$-600.00K | USD | 1 Quarter |
| Other expense |
OtherNonoperatingExpense
|
$1.40M | USD | 1 Quarter |
| Other expense |
OtherNonoperatingExpense
|
$1.20M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$63.80M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$66.10M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$11.50M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$10.80M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$52.30M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$55.30M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$52.30M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$55.30M | USD | 1 Quarter |
| Changes in cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$2.30M | USD | 1 Quarter |
| Changes in cumulative translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$8.60M | USD | 1 Quarter |
| Changes in market value of derivative financial instruments, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$-700.00K | USD | 1 Quarter |
| Changes in market value of derivative financial instruments, net of tax |
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
|
$700.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$64.60M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$53.90M | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$52.30M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$55.30M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$9.20M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$8.70M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$15.40M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$15.30M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-600.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxesAndTaxCredits
|
$-5.50M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$2.40M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$6.20M | USD | 1 Quarter |
| Accounts and notes receivable |
IncreaseDecreaseInAccountsReceivable
|
$9.40M | USD | 1 Quarter |
| Accounts and notes receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.30M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$9.50M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-2.00M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$6.80M | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInOtherCurrentAssets
|
$8.00M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-34.60M | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-6.30M | USD | 1 Quarter |
| Employee compensation and benefits |
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
$-8.00M | USD | 1 Quarter |
| Employee compensation and benefits |
IncreaseDecreaseInOtherEmployeeRelatedLiabilities
|
$-16.50M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$28.50M | USD | 1 Quarter |
| Other current liabilities |
IncreaseDecreaseInOtherCurrentLiabilities
|
$19.40M | USD | 1 Quarter |
| Other non-current assets and liabilities |
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
$-18.60M | USD | 1 Quarter |
| Other non-current assets and liabilities |
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
|
$3.60M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$36.10M | USD | 1 Quarter |
| Net cash provided by (used for) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$87.10M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.30M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.40M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$2.30M | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$2.00M | USD | 1 Quarter |
| Acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$13.50M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-5.10M | USD | 1 Quarter |
| Net cash provided by (used for) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.80M | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
- | USD | 1 Quarter |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$800.00M | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$7.50M | USD | 1 Quarter |
| Net transfers to Parent |
TransfersToParentNet
|
$10.00M | USD | 1 Quarter |
| Net transfers to Parent |
TransfersToParentNet
|
$51.10M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-51.10M | USD | 1 Quarter |
| Net cash provided by (used for) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$782.50M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-3.70M | USD | 1 Quarter |
| Effect of exchange rate changes on cash and cash equivalents |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-4.70M | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$809.80M | USD | 1 Quarter |
| Change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.50M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$28.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$21.50M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$26.90M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$836.70M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$28.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$21.50M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$26.90M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$836.70M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.50B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.79B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.64B | USD | Point-in-time |
| Net income |
ProfitLoss
|
$52.30M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$55.30M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.60M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$9.30M | USD | 1 Quarter |
| Net transfers to Parent |
StockholdersEquityNoteSpinoffTransaction
|
$-32.30M | USD | 1 Quarter |
| Net transfers to Parent |
StockholdersEquityNoteSpinoffTransaction
|
$-55.20M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.50B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.79B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.49B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.64B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.