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Shareholders' Equity and Stock-Based Compensation (Details 6) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
[1]
Sep. 26, 2015
Jun. 27, 2015
Mar. 28, 2015
[1]
Dec. 31, 2014
[1]
Sep. 27, 2014
Jun. 28, 2014
Mar. 29, 2014
[1]
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Amounts reclassified from each component of accumulated comprehensive income                      
Revenues $ (509.5) $ (374.1) $ (459.4) $ (376.3) $ (555.6) $ (489.6) $ (489.1) $ (418.4) $ (1,719.3) [2] $ (1,952.7) [2],[3] $ (1,968.8) [2],[3]
Cost of products sold                 1,426.9 1,526.5 1,485.4
Other income (expense), net                 12.3 (486.5) 5.8
Selling, general and administrative                 425.7 561.8 443.9
Pre-tax                 203.0 (255.8) 10.5
Income taxes                 (11.8) 139.7 (20.0)
Amounts reclassified from accumulated other comprehensive income $ 12.7 [4] $ 130.6 [4] $ (36.3) [4] $ 10.0 [4] $ 44.8 [4] $ (63.6) [4] $ (49.8) [4] $ (315.3) [4] 117.0 (383.9) [3] $ (212.3) [3]
Net Unrealized Losses on Qualifying Cash Flow Hedges | Amount Reclassified from AOCI                      
Amounts reclassified from each component of accumulated comprehensive income                      
Pre-tax                 2.2 1.5  
Income taxes                 (1.0) (0.4)  
Amounts reclassified from accumulated other comprehensive income                 1.2 1.1  
Net Unrealized Losses on Qualifying Cash Flow Hedges | FX forward contracts | Amount Reclassified from AOCI                      
Amounts reclassified from each component of accumulated comprehensive income                      
Revenues                 (0.6) 0.8  
Net Unrealized Losses on Qualifying Cash Flow Hedges | Commodity contracts | Amount Reclassified from AOCI                      
Amounts reclassified from each component of accumulated comprehensive income                      
Cost of products sold                 2.8 0.7  
Pension and Postretirement Liability Adjustment and Other | Amount Reclassified from AOCI                      
Amounts reclassified from each component of accumulated comprehensive income                      
Other income (expense), net                 0.0 7.4  
Selling, general and administrative                 (1.1) (0.3)  
Pre-tax                 (1.1) 7.1  
Income taxes                 0.2 (2.3)  
Amounts reclassified from accumulated other comprehensive income                 $ (0.9) $ 4.8  
[1] 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 91 days in length. Our fourth quarter ends on December 31. The interim closing dates for the first, second and third quarters of 2015 are March 28, June 27 and September 26, compared to the respective March 29, June 28 and September 27, 2014 dates. This practice only affects the quarterly reporting periods and not the annual reporting period. We had one less day in the first quarter of 2015 and we had one more day in the fourth quarter of 2015 than in the respective 2014 periods.
[2] Revenues are included in the above geographic areas based on the country that recorded the customer revenue.
[3] Reflects the resulting amounts in the accompanying consolidated statements of operations for the years ended December 31, 2014 and 2013, and the accompanying consolidated balance sheet at December 31, 2014.
[4] As discussed in Note 1, certain corrections were made to previously reported amounts. Within the quarterly results presented above, we have decreased income from continuing operations, net of tax, net income, and net income attributable to SPX Corporation common shareholders for the quarters ended March 29, 2014, June 28, 2014, September 27, 2014, and December 31, 2014 by $2.5, $0.2, $0.2 and $1.6, respectively. The earnings per share impact of the above mentioned items for the same periods was a decrease of $0.06, $0.01, $0.01, and $0.04, respectively, for both basic and diluted earnings per share from continuing operations, as well as both total basic and diluted earnings per share.