CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions |
Oct. 01, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash and equivalents |
$ 227.9
|
$ 295.9
|
| Accounts receivable, net |
462.2
|
483.9
|
| Inventories, net |
309.0
|
305.2
|
| Other current assets |
76.8
|
72.4
|
| Total current assets |
1,075.9
|
1,157.4
|
| Property, plant and equipment: |
|
|
| Land |
37.5
|
37.7
|
| Buildings and leasehold improvements |
250.7
|
224.9
|
| Machinery and equipment |
432.7
|
483.9
|
| Property, plant and equipment, gross |
720.9
|
746.5
|
| Accumulated depreciation |
(328.6)
|
(314.1)
|
| Property, plant and equipment, net |
392.3
|
432.4
|
| Goodwill |
759.9
|
1,023.4
|
| Intangibles, net |
379.3
|
579.4
|
| Other assets |
142.6
|
111.6
|
| TOTAL ASSETS |
2,750.0
|
3,304.2
|
| Current liabilities: |
|
|
| Accounts payable |
209.5
|
227.1
|
| Accrued expenses |
365.6
|
467.3
|
| Income taxes payable |
23.6
|
31.7
|
| Short-term debt |
116.2
|
28.0
|
| Current maturities of long-term debt |
20.3
|
10.3
|
| Total current liabilities |
735.2
|
764.4
|
| Long-term debt |
977.8
|
993.8
|
| Deferred and other income taxes |
67.5
|
142.0
|
| Other long-term liabilities |
128.6
|
133.4
|
| Total long-term liabilities |
1,173.9
|
1,269.2
|
| Commitments and contingent liabilities (Note 12) |
|
|
| Mezzanine equity (Note 12) |
20.6
|
0.0
|
| SPX FLOW, Inc. shareholders’ equity: |
|
|
| Preferred stock, no par value, 3,000,000 shares authorized, and no shares issued and outstanding |
0.0
|
0.0
|
| Common stock, par value $0.01 per share, 300,000,000 shares authorized, 42,021,611 issued and 41,868,949 outstanding at October 1, 2016, and 41,429,014 issued and 41,386,740 outstanding at December 31, 2015 |
0.4
|
0.4
|
| Paid-in capital |
1,637.4
|
1,621.7
|
| Retained earnings (accumulated deficit) |
(378.4)
|
21.1
|
| Accumulated other comprehensive loss |
(436.0)
|
(382.7)
|
| Common stock in treasury (152,662 shares at October 1, 2016, and 42,274 shares at December 31, 2015) |
(4.3)
|
(1.4)
|
| Total SPX FLOW, Inc. shareholders' equity |
819.1
|
1,259.1
|
| Noncontrolling interests |
1.2
|
11.5
|
| Total equity |
820.3
|
1,270.6
|
| TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY |
$ 2,750.0
|
$ 3,304.2
|