$SPXC
SPX Technologies, Inc. Stock $spxc

$spxc Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000008820516000009 Filed on May 06, 2016

Income Statement

Concept	2016 Q2	2015 Q1
Revenue	$360.6M	$345.9M
YoY Change	-12.18%	-17.33%
Cost Of Revenue	$270.7M	$301.8M
YoY Change	-25.51%	-60.84%
Gross Profit	$89.90M	$70.40M
YoY Change	3.69%	-24.79%
Gross Profit Margin	24.93%	20.35%
Selling, General & Admin	$74.30M	$114.9M
YoY Change	-26.22%	-56.74%
% of Gross Profit	82.65%	163.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.700M	$10.40M
YoY Change	-36.79%	-62.18%
% of Gross Profit	7.45%	14.77%
Operating Expenses	$74.30M	$114.9M
YoY Change	-26.22%	-56.74%
Operating Profit	$28.10M	-$44.60M
YoY Change	-422.99%	-395.36%
Interest Expense	$3.500M	$5.700M
YoY Change	-46.15%	-70.47%
% of Operating Profit	12.46%
Other Income/Expense, Net	$1.200M	-$4.600M
YoY Change	-29.41%	-100.94%
Pretax Income	$26.00M	-$54.30M
YoY Change	-306.35%	-111.91%
Income Tax	$5.800M	-$13.30M
% Of Pretax Income	22.31%
Net Earnings	$13.00M	-$7.100M
YoY Change	-66.67%	-102.25%
Net Earnings / Revenue	3.61%	-2.05%
Basic Earnings Per Share	$0.31	-$0.18
Diluted Earnings Per Share	$0.31	-$0.18
COMMON SHARES
Basic Shares Outstanding	41.29M shares	40.50M shares
Diluted Shares Outstanding	41.55M shares	40.50M shares

Balance Sheet

Concept	2016 Q2	2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$97.90M	$363.1M
YoY Change	-70.23%	-25.29%
Cash & Equivalents	$97.90M	$363.1M
Short-Term Investments
Other Short-Term Assets	$39.00M	$278.5M
YoY Change	-86.82%	125.51%
Inventory	$189.3M	$525.4M
Prepaid Expenses
Receivables	$339.5M	$1.026B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$665.7M	$2.193B
YoY Change	-70.46%	-15.63%
LONG-TERM ASSETS
Property, Plant & Equipment	$217.0M	$657.7M
YoY Change	-67.31%	-4.22%
Goodwill	$344.9M
YoY Change
Intangibles	$147.8M
YoY Change
Long-Term Investments
YoY Change
Other Assets	$625.0M	$736.9M
YoY Change	-17.43%	-12.04%
Total Long-Term Assets	$1.387B	$3.587B
YoY Change	-61.87%	-9.58%
TOTAL ASSETS
Total Short-Term Assets	$665.7M	$2.193B
Total Long-Term Assets	$1.387B	$3.587B
Total Assets	$2.052B	$5.780B
YoY Change	-65.15%	-11.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$147.6M	$432.8M
YoY Change	-68.03%	-11.47%
Accrued Expenses	$367.0M	$846.1M
YoY Change	-56.93%	-10.41%
Deferred Revenue
YoY Change
Short-Term Debt	$38.40M	$298.5M
YoY Change	-86.94%	745.61%
Long-Term Debt Due	$13.50M	$37.70M
YoY Change	-64.0%	1470.83%
Total Short-Term Liabilities	$569.2M	$1.658B
YoY Change	-66.27%	-4.33%
LONG-TERM LIABILITIES
Long-Term Debt	$337.6M	$1.150B
YoY Change	-70.47%	5.6%
Other Long-Term Liabilities	$810.3M	$1.001B
YoY Change	-19.54%	0.98%
Total Long-Term Liabilities	$1.198B	$2.151B
YoY Change	-44.3%	-12.91%
TOTAL LIABILITIES
Total Short-Term Liabilities	$569.2M	$1.658B
Total Long-Term Liabilities	$1.198B	$2.151B
Total Liabilities	$1.767B	$4.092B
YoY Change	-57.2%	-2.64%
SHAREHOLDERS EQUITY
Retained Earnings	$910.8M
YoY Change
Common Stock	$2.634B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.469B
YoY Change
Treasury Stock Shares	58.81M shares
Shareholders Equity	$322.8M	$1.688B
YoY Change
Total Liabilities & Shareholders Equity	$2.052B	$5.780B
YoY Change	-65.15%	-11.98%

Cashflow Statement

Concept	2016 Q2	2015 Q1
OPERATING ACTIVITIES
Net Income	$13.00M	-$7.100M
YoY Change	-66.67%	-102.25%
Depreciation, Depletion And Amortization	$6.700M	$10.40M
YoY Change	-36.79%	-62.18%
Cash From Operating Activities	-$62.20M	-$108.8M
YoY Change	-776.09%	79.54%
INVESTING ACTIVITIES
Capital Expenditures	-$1.700M	-$2.800M
YoY Change	-57.5%	-75.22%
Acquisitions
YoY Change
Other Investing Activities	$45.60M	-$11.70M
YoY Change	-716.22%	-101.91%
Cash From Investing Activities	$43.90M	-$14.50M
YoY Change	-485.09%	-102.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$14.40M	$96.90M
YoY Change	-152.75%	-113.05%
NET CHANGE
Cash From Operating Activities	-$62.20M	-$108.8M
Cash From Investing Activities	$43.90M	-$14.50M
Cash From Financing Activities	$14.40M	$96.90M
Net Change In Cash	-$3.900M	-$26.40M
YoY Change	-86.78%	-86.83%
FREE CASH FLOW
Cash From Operating Activities	-$62.20M	-$108.8M
Capital Expenditures	-$1.700M	-$2.800M
Free Cash Flow	-$60.50M	-$106.0M
YoY Change	-558.33%	115.01%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q2	dei	Amendment Flag AmendmentFlag	false
CY2016Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2016Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2016Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2016Q2	dei	Document Period End Date DocumentPeriodEndDate	2016-04-02
CY2016Q2	dei	Document Type DocumentType	10-Q
CY2015Q1	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	0	USD
CY2016Q2	dei	Entity Central Index Key EntityCentralIndexKey	0000088205
CY2016Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	41606639	shares
CY2016Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016Q2	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2016Q2	dei	Entity Registrant Name EntityRegistrantName	SPX CORP
CY2016Q2	spxc	Accumulated Impairments Related To Foreign Currency Translation And Other AccumulatedImpairmentsRelatedToForeignCurrencyTranslationAndOther	2400000	USD
CY2015Q1	spxc	Borrowing Under Trade Receivables Agreement BorrowingUnderTradeReceivablesAgreement	70000000	USD
CY2016Q2	spxc	Borrowing Under Trade Receivables Agreement BorrowingUnderTradeReceivablesAgreement	20000000	USD
CY2015Q1	spxc	Borrowings Under Senior Credit Facilities BorrowingsUnderSeniorCreditFacilities	196000000	USD
CY2016Q2	spxc	Borrowings Under Senior Credit Facilities BorrowingsUnderSeniorCreditFacilities	28900000	USD
CY2015Q4	spxc	Debt Issuance Costs Net DebtIssuanceCostsNet	2000000	USD
CY2016Q2	spxc	Debt Issuance Costs Net DebtIssuanceCostsNet	1900000	USD
CY2015Q1	spxc	Deferred Income Tax Expense Benefit And Uncertain Tax Positions DeferredIncomeTaxExpenseBenefitAndUncertainTaxPositions	-2500000	USD
CY2016Q2	spxc	Deferred Income Tax Expense Benefit And Uncertain Tax Positions DeferredIncomeTaxExpenseBenefitAndUncertainTaxPositions	1300000	USD
CY2016Q2	spxc	Goodwill Related To Foreign Currency Translation And Other GoodwillRelatedToForeignCurrencyTranslationAndOther	1600000	USD
CY2016Q2	spxc	Gross Goodwill Related To Foreign Currency Translation And Other GrossGoodwillRelatedToForeignCurrencyTranslationAndOther	4000000	USD
CY2016Q2	spxc	Number Of Days In Second And Third Quarter NumberOfDaysInSecondAndThirdQuarter	P91D
CY2015Q1	spxc	Other Changes In Noncontrolling Interests OtherChangesInNoncontrollingInterests	-500000	USD
CY2016Q2	spxc	Other Changes In Noncontrolling Interests OtherChangesInNoncontrollingInterests	0	USD
CY2015Q1	spxc	Repayments Under Senior Credit Facilities RepaymentsUnderSeniorCreditFacilities	119000000	USD
CY2016Q2	spxc	Repayments Under Senior Credit Facilities RepaymentsUnderSeniorCreditFacilities	19200000	USD
CY2015Q1	spxc	Repayments Under Trade Receivables Agreement RepaymentsUnderTradeReceivablesAgreement	25000000	USD
CY2016Q2	spxc	Repayments Under Trade Receivables Agreement RepaymentsUnderTradeReceivablesAgreement	20000000	USD
CY2015Q1	spxc	Restructuring And Integration Reserve Settled With Cash RestructuringAndIntegrationReserveSettledWithCash	1200000	USD
CY2016Q2	spxc	Restructuring And Integration Reserve Settled With Cash RestructuringAndIntegrationReserveSettledWithCash	3300000	USD
CY2014Q4	spxc	Restructuring And Integration Reserves RestructuringAndIntegrationReserves	5100000	USD
CY2015Q1	spxc	Restructuring And Integration Reserves RestructuringAndIntegrationReserves	6300000	USD
CY2015Q4	spxc	Restructuring And Integration Reserves RestructuringAndIntegrationReserves	11300000	USD
CY2016Q2	spxc	Restructuring And Integration Reserves RestructuringAndIntegrationReserves	8400000	USD
CY2015Q1	spxc	Restructuring And Integration Reserves Period Expense RestructuringAndIntegrationReservesPeriodExpense	2500000	USD
CY2016Q2	spxc	Restructuring And Integration Reserves Period Expense RestructuringAndIntegrationReservesPeriodExpense	300000	USD
CY2015Q1	spxc	Restructuring And Integration Reserves Translation And Other Adjustment RestructuringAndIntegrationReservesTranslationAndOtherAdjustment	-100000	USD
CY2016Q2	spxc	Restructuring And Integration Reserves Translation And Other Adjustment RestructuringAndIntegrationReservesTranslationAndOtherAdjustment	100000	USD
CY2015Q1	spxc	Revenue Under Percentage Of Completion Method RevenueUnderPercentageOfCompletionMethod	125400000	USD
CY2016Q2	spxc	Revenue Under Percentage Of Completion Method RevenueUnderPercentageOfCompletionMethod	126000000	USD
CY2015Q1	spxc	Special Charges SpecialCharges	2800000	USD
CY2016Q2	spxc	Special Charges SpecialCharges	300000	USD
CY2016Q2	spxc	Special Charges Non Cash SpecialChargesNonCash	300000	USD
CY2015Q1	spxc	Stock Issued During Period Value Restricted Stock Exercised Net Of Tax Benefit Expense StockIssuedDuringPeriodValueRestrictedStockExercisedNetOfTaxBenefitExpense	400000	USD
CY2016Q2	spxc	Stock Issued During Period Value Restricted Stock Exercised Net Of Tax Benefit Expense StockIssuedDuringPeriodValueRestrictedStockExercisedNetOfTaxBenefitExpense	0	USD
CY2015Q1	spxc	Stock Issued During Period Value Share Based Compensation Plans Net Of Tax StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax	4900000	USD
CY2016Q2	spxc	Stock Issued During Period Value Share Based Compensation Plans Net Of Tax StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax	2700000	USD
CY2016Q2	spxc	Unrecognized Tax Benefits Interest On Income Taxes Accrued Net UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccruedNet	2000000	USD
CY2016Q2	spxc	Unrecognized Tax Benefits Net UnrecognizedTaxBenefitsNet	25900000	USD
CY2015Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	176900000	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	147600000	USD
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	367000000	USD
CY2016Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	339500000	USD
CY2015Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	1700000	USD
CY2016Q2	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	2700000	USD
CY2015Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	403700000	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	367000000	USD
CY2015Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	274400000	USD
CY2016Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	280800000	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	283300000	USD
CY2016Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	245600000	USD
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2649600000	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2633900000	USD
CY2015Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23600000	USD
CY2016Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2700000	USD
CY2015Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1400000	USD
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	900000	USD
CY2015Q4	us-gaap	Assets Assets	2179300000	USD
CY2016Q2	us-gaap	Assets Assets	2052200000	USD
CY2015Q4	us-gaap	Assets Current AssetsCurrent	782300000	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	665700000	USD
CY2015Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	107100000	USD
CY2016Q2	us-gaap	Assets Of Disposal Group Including Discontinued Operation Current AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent	0	USD
CY2015Q4	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	116300000	USD
CY2016Q2	us-gaap	Billings In Excess Of Cost Current BillingsInExcessOfCostCurrent	85400000	USD
CY2015Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	120400000	USD
CY2016Q2	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	122300000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	101400000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	97900000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	427600000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	363100000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	101400000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value Including Discontinued Operations CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations	97900000	USD
CY2015Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-64500000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-3500000	USD
CY2015Q1	us-gaap	Cash Provided By Used In Financing Activities Discontinued Operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations	-3200000	USD
CY2016Q2	us-gaap	Cash Provided By Used In Financing Activities Discontinued Operations CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations	0	USD
CY2015Q1	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	-11700000	USD
CY2016Q2	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	0	USD
CY2015Q1	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	7600000	USD
CY2016Q2	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-1300000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100525876	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100372654	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	41415909	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	41564665	shares
CY2015Q4	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	1000000	USD
CY2016Q2	us-gaap	Debt Instrument Increase Decrease Other Net DebtInstrumentIncreaseDecreaseOtherNet	1600000	USD
CY2015Q4	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	371800000	USD
CY2016Q2	us-gaap	Common Stock Value Outstanding CommonStockValueOutstanding	1000000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-140500000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-25100000	USD
CY2015Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-140500000	USD
CY2016Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-25100000	USD
CY2015Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	301800000	USD
CY2016Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	299500000	USD
CY2015Q4	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	106300000	USD
CY2016Q2	us-gaap	Costs In Excess Of Billings On Uncompleted Contracts Or Programs CostsInExcessOfBillingsOnUncompletedContractsOrPrograms	90600000	USD
CY2016Q2	us-gaap	Debt Longterm And Shortterm Combined Amount DebtLongtermAndShorttermCombinedAmount	389500000	USD
CY2015Q4	us-gaap	Deferred Income Taxes And Other Tax Liabilities Noncurrent DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent	55200000	USD
CY2016Q2	us-gaap	Deferred Income Taxes And Other Tax Liabilities Noncurrent DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent	49800000	USD
CY2015Q4	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	50900000	USD
CY2016Q2	us-gaap	Deferred Tax Assets Liabilities Net Noncurrent DeferredTaxAssetsLiabilitiesNetNoncurrent	51800000	USD
CY2015Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10400000	USD
CY2016Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7200000	USD
CY2015Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	-400000	USD
CY2016Q2	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	-1100000	USD
CY2015Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	53800000	USD
CY2016Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation Before Income Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax	-1200000	USD
CY2015Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	31400000	USD
CY2016Q2	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	0	USD
CY2015Q1	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	22800000	USD
CY2016Q2	us-gaap	Discontinued Operation Tax Effect Of Discontinued Operation DiscontinuedOperationTaxEffectOfDiscontinuedOperation	-100000	USD
CY2015Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	15400000	USD
CY2016Q2	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	0	USD
CY2015Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.31
CY2015Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.31
CY2015Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-38100000	USD
CY2016Q2	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	400000	USD
CY2015Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.245
CY2016Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.192
CY2015Q4	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	196000000	USD
CY2016Q2	us-gaap	Fifo Inventory Amount FIFOInventoryAmount	201800000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	47400000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	32100000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	84900000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	64900000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	37500000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	32800000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.34
CY2015Q1	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.95
CY2016Q2	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.34
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	31000000	USD
CY2016Q2	us-gaap	Gain Loss On Sale Of Business GainLossOnSaleOfBusiness	17900000	USD
CY2015Q4	us-gaap	Goodwill Goodwill	342800000	USD
CY2016Q2	us-gaap	Goodwill Goodwill	344900000	USD
CY2015Q1	us-gaap	Goodwill And Intangible Asset Impairment GoodwillAndIntangibleAssetImpairment	0	USD
CY2015Q4	us-gaap	Goodwill Gross GoodwillGross	885700000	USD
CY2016Q2	us-gaap	Goodwill Gross GoodwillGross	853600000	USD
CY2015Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	532200000	USD
CY2016Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	508700000	USD
CY2015Q1	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	0	USD
CY2016Q2	us-gaap	Impairment Of Intangible Assets Indefinitelived Excluding Goodwill ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill	4000000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-38400000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	14100000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-54300000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	18200000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-41000000	USD
CY2016Q2	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	14700000	USD
CY2015Q1	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.95
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-1100000	USD
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	31300000	USD
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	-1100000	USD
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.77
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	-0.03
CY2015Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.77
CY2016Q2	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	-0.03
CY2015Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2016Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	400000	USD
CY2015Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-13300000	USD
CY2016Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3500000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-61000000	USD
CY2016Q2	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-77200000	USD
CY2015Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	14900000	USD
CY2016Q2	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-25900000	USD
CY2015Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	37500000	USD
CY2016Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	24400000	USD
CY2015Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	260000	shares
CY2016Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	179900000	USD
CY2015Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	154200000	USD
CY2016Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	147800000	USD
CY2015Q1	us-gaap	Interest Expense InterestExpense	5700000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	3500000	USD
CY2015Q4	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	58400000	USD
CY2016Q2	us-gaap	Inventory Finished Goods Net Of Reserves InventoryFinishedGoodsNetOfReserves	64300000	USD
CY2015Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	12400000	USD
CY2016Q2	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	12500000	USD
CY2015Q4	us-gaap	Inventory Net InventoryNet	170700000	USD
CY2016Q2	us-gaap	Inventory Net InventoryNet	189300000	USD
CY2015Q4	us-gaap	Inventory Raw Materials And Purchased Parts Net Of Reserves InventoryRawMaterialsAndPurchasedPartsNetOfReserves	79400000	USD
CY2016Q2	us-gaap	Inventory Raw Materials And Purchased Parts Net Of Reserves InventoryRawMaterialsAndPurchasedPartsNetOfReserves	78200000	USD
CY2015Q4	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	58200000	USD
CY2016Q2	us-gaap	Inventory Work In Process Net Of Reserves InventoryWorkInProcessNetOfReserves	59300000	USD
CY2015Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	600000	USD
CY2016Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	200000	USD
CY2015Q4	us-gaap	Land Land	16300000	USD
CY2016Q2	us-gaap	Land Land	16300000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2179300000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2052200000	USD
CY2015Q4	us-gaap	Liabilities Current LiabilitiesCurrent	654800000	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	569200000	USD
CY2015Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1216200000	USD
CY2016Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1197700000	USD
CY2015Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	41300000	USD
CY2016Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation Current LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent	0	USD
CY2015Q4	us-gaap	Liability For Asbestos And Environmental Claims Gross LiabilityForAsbestosAndEnvironmentalClaimsGross	534400000	USD
CY2016Q2	us-gaap	Liability For Asbestos And Environmental Claims Gross LiabilityForAsbestosAndEnvironmentalClaimsGross	534100000	USD
CY2015Q1	us-gaap	Liability For Asbestos And Environmental Claims Net Claims Paid LiabilityForAsbestosAndEnvironmentalClaimsNetClaimsPaid	1500000	USD
CY2016Q2	us-gaap	Liability For Asbestos And Environmental Claims Net Claims Paid LiabilityForAsbestosAndEnvironmentalClaimsNetClaimsPaid	1300000	USD
CY2015Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	340600000	USD
CY2016Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	337600000	USD
CY2015Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	9100000	USD
CY2016Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	13500000	USD
CY2015Q4	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	591100000	USD
CY2016Q2	us-gaap	Loss Contingency Accrual At Carrying Value LossContingencyAccrualAtCarryingValue	589500000	USD
CY2015Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	357200000	USD
CY2016Q2	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	359200000	USD
CY2015Q4	us-gaap	Minority Interest MinorityInterest	-37100000	USD
CY2016Q2	us-gaap	Minority Interest MinorityInterest	-37500000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	96900000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	14400000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	100100000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	14400000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-14500000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	43900000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-2800000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	43900000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-108800000	USD
CY2016Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	20300000	USD
CY2015Q4	us-gaap	Other Assets Current OtherAssetsCurrent	36100000	USD
CY2016Q2	us-gaap	Other Assets Current OtherAssetsCurrent	39000000	USD
CY2015Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	629600000	USD
CY2016Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	625000000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	700000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	1200000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	600000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax	400000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-131000000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-62200000	USD
CY2015Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-116400000	USD
CY2016Q2	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-60900000	USD
CY2015Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-2900000	USD
CY2016Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	600000	USD
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-7100000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13000000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2016Q2	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2015Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-44600000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-39700000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	200000	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax	200000	USD
CY2015Q1	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	0	USD
CY2016Q2	us-gaap	Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax	0	USD
CY2015Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	820400000	USD
CY2016Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	810300000	USD
CY2015Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1500000	USD
CY2016Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-1800000	USD
CY2015Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4600000	USD
CY2016Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	800000	USD
CY2015Q1	us-gaap	Payments For Restructuring PaymentsForRestructuring	1200000	USD
CY2016Q2	us-gaap	Payments For Restructuring PaymentsForRestructuring	3300000	USD
CY2015Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	15100000	USD
CY2015Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	15100000	USD
CY2016Q2	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	0	USD
CY2015Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5200000	USD
CY2016Q2	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1700000	USD
CY2015Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	2800000	USD
CY2016Q2	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	2000000	USD
CY2015Q1	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	6000000	USD
CY2016Q2	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	3900000	USD
CY2016Q2	us-gaap	Treasury Stock Value TreasuryStockValue	3468500000	USD
CY2016Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	285300000	USD
CY2015Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	59109967	shares
CY2016Q2	us-gaap	Treasury Stock Shares TreasuryStockShares	58807989	shares
CY2015Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3486300000	USD
CY2015Q4	us-gaap	Percentage Of Lifo Inventory PercentageOfLIFOInventory	0.46
CY2016Q2	us-gaap	Percentage Of Lifo Inventory PercentageOfLIFOInventory	0.54
CY2015Q1	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	0	USD
CY2016Q2	us-gaap	Proceeds From Divestiture Of Businesses Net Of Cash Divested ProceedsFromDivestitureOfBusinessesNetOfCashDivested	45900000	USD
CY2016Q2	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	57500000	USD
CY2015Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1600000	USD
CY2016Q2	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	6400000	USD
CY2014Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	37500000	USD
CY2015Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	35200000	USD
CY2015Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	39600000	USD
CY2016Q2	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	37600000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	18800000	USD
CY2016Q2	us-gaap	Product Warranty Accrual Classified Current ProductWarrantyAccrualClassifiedCurrent	19100000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Currency Translation Increase Decrease ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease	-100000	USD
CY2016Q2	us-gaap	Product Warranty Accrual Currency Translation Increase Decrease ProductWarrantyAccrualCurrencyTranslationIncreaseDecrease	-200000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	16400000	USD
CY2016Q2	us-gaap	Product Warranty Accrual Noncurrent ProductWarrantyAccrualNoncurrent	18500000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	4800000	USD
CY2016Q2	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	4700000	USD
CY2015Q1	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2600000	USD
CY2016Q2	us-gaap	Product Warranty Accrual Warranties Issued ProductWarrantyAccrualWarrantiesIssued	2900000	USD
CY2015Q1	us-gaap	Profit Loss ProfitLoss	-10000000	USD
CY2016Q2	us-gaap	Profit Loss ProfitLoss	13600000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	493900000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	497800000	USD
CY2015Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	219500000	USD
CY2016Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	217000000	USD
CY2016Q2	us-gaap	Repayments Of Debt RepaymentsOfDebt	41400000	USD
CY2015Q1	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-5500000	USD
CY2016Q2	us-gaap	Restricted Stock Value Shares Issued Net Of Tax Withholdings RestrictedStockValueSharesIssuedNetOfTaxWithholdings	-3300000	USD
CY2016Q2	us-gaap	Restructuring And Related Cost Expected Cost1 RestructuringAndRelatedCostExpectedCost1	3500000	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	897800000	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	910800000	USD
CY2015Q1	us-gaap	Sales Revenue Net SalesRevenueNet	376300000	USD
CY2016Q2	us-gaap	Sales Revenue Net SalesRevenueNet	389300000	USD
CY2015Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	114900000	USD
CY2016Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	82200000	USD
CY2015Q1	us-gaap	Share Based Compensation ShareBasedCompensation	21000000	USD
CY2016Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2800000	USD
CY2015Q4	us-gaap	Short Term Borrowings ShortTermBorrowings	22100000	USD
CY2016Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	38400000	USD
CY2016Q2	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound	6000000	USD
CY2016Q2	us-gaap	Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound	10000000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	345400000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	322800000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1811900000	USD
CY2015Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1678500000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	308300000	USD
CY2016Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	44700000	USD
CY2016Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties Expense UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense	0	USD
CY2016Q2	us-gaap	Unrecognized Tax Benefits Interest On Income Taxes Accrued UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued	3000000	USD
CY2015Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	40503000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	41553000	shares
CY2015Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	40503000	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	41293000	shares
CY2016Q2	us-gaap	Fiscal Period FiscalPeriod	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We establish actual interim closing dates using a fiscal calendar, which requires our businesses to close their books on the Saturday closest to the end of the first calendar quarter, with the second and third quarters being </font><font style="font-family:inherit;font-size:10pt;">91</font><font style="font-family:inherit;font-size:10pt;"> days in length. Our fourth quarter ends on December 31. The interim closing dates for the first, second and third quarters of 2016 are April 2, July 2 and October 1, compared to the respective March 28, June 27 and September 26, 2015 dates. We had six more days in the first quarter of 2016 and will have five fewer days in the fourth quarter of 2016 than in the respective 2015 periods. We do not believe the six additional days during the first quarter of 2016 had a material impact on our consolidated operating results, when compared to the consolidated operating results for the first quarter of 2015.</font></div></div>
CY2016Q2	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparing financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from these estimates. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with the consolidated financial statements contained in our 2015 Annual Report on Form 10-K. Interim results are not necessarily indicative of full year results. We have reclassified certain prior year amounts, including (i) the results of discontinued operations, (ii) information on reportable segments, and (iii) debt issuance costs associated with the term loan under our senior credit facilities (see Note 2), to conform to the current year presentation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only. See Note 3 for information on discontinued operations.</font></div></div>

Files In Submission

Name	View Source	Status
0000088205-16-000009-index-headers.html	Edgar Link	pending
0000088205-16-000009-index.html	Edgar Link	pending
0000088205-16-000009.txt	Edgar Link	pending
0000088205-16-000009-xbrl.zip	Edgar Link	pending
exhibit311q12016.htm	Edgar Link	pending
exhibit312q12016.htm	Edgar Link	pending
exhibit321q12016.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
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
R6.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
spx-20160402x10q.htm	Edgar Link	pending
spxc-20160402.xml	Edgar Link	completed
spxc-20160402.xsd	Edgar Link	pending
spxc-20160402_cal.xml	Edgar Link	unprocessable
spxc-20160402_def.xml	Edgar Link	unprocessable
spxc-20160402_lab.xml	Edgar Link	unprocessable
spxc-20160402_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SPXC
SPX Technologies, Inc. Stock $spxc

2016 Q2 Form 10-Q Financial Statement

#000008820516000009 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPXC SPX Technologies, Inc. Stock $spxc

2016 Q2 Form 10-Q Financial Statement

#000008820516000009 Filed on May 06, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPXC
SPX Technologies, Inc. Stock $spxc