CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 29, 2018	Dec. 31, 2017
Current assets:
Cash and equivalents	$ 61.9	$ 124.3
Accounts receivable, net	256.2	267.5
Contract assets	90.2	0.0
Inventories, net	143.5	143.0
Other current assets (includes income taxes receivable of $47.1 and $62.4 at September 29, 2018 and December 31, 2017, respectively)	71.3	97.7
Total current assets	623.1	632.5
Property, plant and equipment:
Land	19.4	15.8
Buildings and leasehold improvements	124.9	120.5
Machinery and equipment	334.7	330.4
Property, plant and equipment, gross	479.0	466.7
Accumulated depreciation	(294.0)	(280.1)
Property, plant and equipment, net	185.0	186.6
Goodwill	393.8	345.9
Intangibles, net	200.3	117.6
Other assets	671.3	706.9
Deferred income taxes	32.9	50.9
TOTAL ASSETS	2,106.4	2,040.4
Current liabilities:
Accounts payable	141.2	159.7
Contract liabilities	75.3	0.0
Accrued expenses	186.4	292.6
Income taxes payable	1.7	1.2
Short-term debt	113.1	7.0
Current maturities of long-term debt	9.3	0.5
Total current liabilities	527.0	461.0
Long-term debt	340.6	349.3
Deferred and other income taxes	33.4	29.6
Other long-term liabilities	835.7	885.8
Total long-term liabilities	1,209.7	1,264.7
Commitments and contingent liabilities (Note 14)
SPX Corporation shareholders’ equity:
Common stock (51,442,953 and 43,127,026 issued and outstanding at September 29, 2018, respectively, and 51,186,064 and 42,650,599 issued and outstanding at December 31, 2017, respectively)	0.5	0.5
Paid-in capital	1,310.2	1,309.8
Retained deficit	(701.3)	(742.3)
Accumulated other comprehensive income	250.5	250.1
Common stock in treasury (8,315,927 and 8,535,465 shares at September 29, 2018 and December 31, 2017, respectively)	(490.2)	(503.4)
Total equity	369.7	314.7
TOTAL LIABILITIES AND EQUITY	$ 2,106.4	$ 2,040.4

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 8
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130549-203045

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682