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Pay vs Performance Disclosure number in Millions | 12 Months Ended
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Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($)
Pay vs Performance Disclosure |  |  |  |
Pay vs Performance Disclosure, Table |
Year (a) | Summary Compensation Table Total for PEO (b) | Compensation Actually Paid to PEO(1)(2) (c) | Average Summary Compensation Table Total for Non-PEO NEOs(3) (d) | Average Compensation Actually Paid to Non-PEO NEOs(1)(2)(3) (e) | Value of Initial Fixed $100 Investment Based On: | Net Income (in millions) (h) | Adj. Operating Income (in millions)(5) (h)
SPX Technologies, Inc. (f) | S&P 1500 Industrials (Sector)(4) (g)
2023 | $7,658,614 | $17,411,369 | $1,831,612 | $2,960,366 | $199 | $154 | $90 | $271
2022 | $6,584,075 | $9,382,695 | $1,455,245 | $1,358,069 | $129 | $128 | $— | $194
2021 | $6,517,485 | $6,074,728 | $1,808,368 | $1,622,435 | $117 | $136 | $425 | $143
2020 | $6,117,525 | $6,888,767 | $1,530,729 | $1,680,617 | $107 | $112 | $99 | $183
Company Selected Measure Name | adjusted operating income |  |  |
Named Executive Officers, Footnote | Non-CEO NEOs reflected the average Summary Compensation Table total compensation and average Compensation Actually Paid for the following executives by year •2023: Michael Reilly, Randall Data, John Swann, Sean McClenaghan, Mark Carano •2022: Michael Reilly, Randall Data, John Swann, Sean McClenaghan, James Harris •2021: Randall Data, John Swann, James Harris, Brian Mason, John Nurkin •2020: Randall Data, John Swann, James Harris, Brian Mason, Scott Sproule |  |  |
Peer Group Issuers, Footnote | The peer group comprises the component companies of the S&P 1500 Industrials Index. In the 2023 proxy statement, the peer TSR values were presented incorrectly. Peer TSR values were derived using the S&P 1500 Industrials price return index, instead of a dividend adjusted gross return value. The 2020, 2021 and 2022 values are restated above using the correct TSR calculation methodology. In last year’s proxy statement, peer TSR was presented as $110, 132 and $122 for 2020, 2021 and 2022. |  |  |
PEO Total Compensation Amount | $ 7,658,614 | $ 6,584,075 | $ 6,517,485 | $ 6,117,525
PEO Actually Paid Compensation Amount | $ 17,411,369 | 9,382,695 | 6,074,728 | 6,888,767
Adjustment To PEO Compensation, Footnote | Deductions from, and additions to, total compensation in the Summary Compensation Table by year to calculate Compensation Actually Paid include:
| 2023 | 2022 | 2021 | 2020 |
PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs |
Total Compensation from Summary Compensation Table | $7,658,614 | $1,831,612 | $6,584,075 | $1,455,245 | $6,517,485 | $1,808,368 | $6,117,525 | $1,530,729 |
Adjustments for Pension |
Adjustment for Summary Compensation Table Pension | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Amount added for current year service cost | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Amount added for prior service cost impacting current year | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Adjustments for Pension | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Adjustments for Equity Awards |
Adjustment for grant date values in the Summary Compensation Table | $(4,227,636) | $(648,663) | $(3,891,715) | $(665,163) | $(4,332,553) | $(736,534) | $(3,793,348) | $(658,566) |
Year-end fair value of unvested awards granted in the current year | $6,666,643 | $1,010,323 | $6,166,741 | $706,347 | $4,007,180 | $581,044 | $4,353,984 | $771,638 |
Year-over-year difference of year-end fair values for unvested awards granted in prior years | $6,617,856 | $672,711 | $1,504,739 | $152,179 | $(266,937) | $(16,655) | $664,368 | $99,208 |
Fair values at vest date for awards granted and vested in current year | $0 | $0 | $0 | $0 | $0 | $15,204 | $0 | $0 |
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years | $695,892 | $94,384 | $(981,146) | $(97,875) | $149,554 | $16,606 | $(453,762) | $(62,391) |
Forfeitures during current year equal to prior year-end fair value | $0 | $0 | $0 | $(192,664) | $0 | $(45,598) | $0 | $0 |
Dividends or dividend equivalents not otherwise included in the total compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Adjustments for Equity Awards | $9,752,755 | $1,128,755 | $2,798,620 | $(97,176) | $(442,757) | $(185,932) | $771,242 | $149,888 |
Compensation Actually Paid (as calculated) | $17,411,369 | $2,960,366 | $9,382,695 | $1,358,069 | $6,074,728 | $1,622,435 | $6,888,767 | $1,680,617 |
Non-PEO NEO Average Total Compensation Amount | $ 1,831,612 | 1,455,245 | 1,808,368 | 1,530,729
Non-PEO NEO Average Compensation Actually Paid Amount | $ 2,960,366 | 1,358,069 | 1,622,435 | 1,680,617
Adjustment to Non-PEO NEO Compensation Footnote | Deductions from, and additions to, total compensation in the Summary Compensation Table by year to calculate Compensation Actually Paid include:
| 2023 | 2022 | 2021 | 2020 |
PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs | PEO | Average Non-PEO NEOs |
Total Compensation from Summary Compensation Table | $7,658,614 | $1,831,612 | $6,584,075 | $1,455,245 | $6,517,485 | $1,808,368 | $6,117,525 | $1,530,729 |
Adjustments for Pension |
Adjustment for Summary Compensation Table Pension | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Amount added for current year service cost | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Amount added for prior service cost impacting current year | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Adjustments for Pension | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Adjustments for Equity Awards |
Adjustment for grant date values in the Summary Compensation Table | $(4,227,636) | $(648,663) | $(3,891,715) | $(665,163) | $(4,332,553) | $(736,534) | $(3,793,348) | $(658,566) |
Year-end fair value of unvested awards granted in the current year | $6,666,643 | $1,010,323 | $6,166,741 | $706,347 | $4,007,180 | $581,044 | $4,353,984 | $771,638 |
Year-over-year difference of year-end fair values for unvested awards granted in prior years | $6,617,856 | $672,711 | $1,504,739 | $152,179 | $(266,937) | $(16,655) | $664,368 | $99,208 |
Fair values at vest date for awards granted and vested in current year | $0 | $0 | $0 | $0 | $0 | $15,204 | $0 | $0 |
Difference in fair values between prior year-end fair values and vest date fair values for awards granted in prior years | $695,892 | $94,384 | $(981,146) | $(97,875) | $149,554 | $16,606 | $(453,762) | $(62,391) |
Forfeitures during current year equal to prior year-end fair value | $0 | $0 | $0 | $(192,664) | $0 | $(45,598) | $0 | $0 |
Dividends or dividend equivalents not otherwise included in the total compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Adjustments for Equity Awards | $9,752,755 | $1,128,755 | $2,798,620 | $(97,176) | $(442,757) | $(185,932) | $771,242 | $149,888 |
Compensation Actually Paid (as calculated) | $17,411,369 | $2,960,366 | $9,382,695 | $1,358,069 | $6,074,728 | $1,622,435 | $6,888,767 | $1,680,617 |
Compensation Actually Paid vs. Total Shareholder Return | Compensation Actually Paid and Cumulative TSR / Cumulative TSR of Peer PEO and Avg. Other NEO CAP vs. SPX and Peer TSR |  |  |
Compensation Actually Paid vs. Net Income | Compensation Actually Paid and Net Income PEO and Avg. Other NEO CAP vs. Net Income |  |  |
Compensation Actually Paid vs. Company Selected Measure | Compensation Actually Paid and Adjusted Operating Income PEO and Avg. Non-PEO NEO CAP vs. Adj. Operating Income |  |  |
Tabular List, Table | adjusted operating income, •adjusted free cash flow, •revenue, and •relative total shareholder return. |  |  |
Total Shareholder Return Amount | $ 199 | 129 | 117 | 107
Peer Group Total Shareholder Return Amount | 154 | 128 | 136 | 112
Net Income (Loss) | $ 90,000,000 | $ 0 | $ 425,000,000 | $ 99,000,000
Company Selected Measure Amount | 271 | 194 | 143 | 183
Additional 402(v) Disclosure | Equity valuations assumptions for calculating Compensation Actually Paid are not materially different from grant date valuation assumptions.Please refer to Appendix E in this proxy statement for a reconciliation of GAAP to non-GAAP Adjusted Operating Income. |  |  |
Measure:: 1 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | adjusted operating income |  |  |
Measure:: 2 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | adjusted free cash flow |  |  |
Measure:: 3 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | revenue |  |  |
Measure:: 4 |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Name | relative total shareholder return |  |  |
PEO |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | $ 17,411,369 | $ 9,382,695 | $ 6,074,728 | $ 6,888,767
PEO | Adjustment for Summary Compensation Table Pension [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Additions for Current Year Service Cost [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Additions for Prior Service Cost [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Total Adjustments for Pension [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 0 | 0 | 0 | 0
PEO | Grant Date Fair Value of Stock Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | (4,227,636) | (3,891,715) | (4,332,553) | (3,793,348)
PEO | Year-End Fair Value of Awards Granted in the Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 6,666,643 | 6,166,741 | 4,007,180 | 4,353,984
PEO | Increase/Deduction In Fair Values For Unvested Awards Granted In Prior Years [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 6,617,856 | 1,504,739 | (266,937) | 664,368
PEO | Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Difference In Fair Values Between Prior Year-End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 695,892 | (981,146) | 149,554 | (453,762)
PEO | Forfeitures During Current Year Equal To Prior Year-End Fair Value [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Dividends or Dividend Equivalents Not Included Total Compensation [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
PEO | Total Adjustments for Equity Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 9,752,755 | 2,798,620 | (442,757) | 771,242
Non-PEO NEO |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 2,960,366 | 1,358,069 | 1,622,435 | 1,680,617
Non-PEO NEO | Adjustment for Summary Compensation Table Pension [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
Non-PEO NEO | Additions for Current Year Service Cost [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
Non-PEO NEO | Additions for Prior Service Cost [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
Non-PEO NEO | Total Adjustments for Pension [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | 0 | 0 | 0 | 0
Non-PEO NEO | Grant Date Fair Value of Stock Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | (648,663) | (665,163) | (736,534) | (658,566)
Non-PEO NEO | Year-End Fair Value of Awards Granted in the Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 1,010,323 | 706,347 | 581,044 | 771,638
Non-PEO NEO | Increase/Deduction In Fair Values For Unvested Awards Granted In Prior Years [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 672,711 | 152,179 | (16,655) | 99,208
Non-PEO NEO | Fair Values At Vest Date For Awards Granted And Vested In Current Year [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 15,204 | 0
Non-PEO NEO | Difference In Fair Values Between Prior Year-End Fair Values And Vest Date Fair Values For Awards Granted In Prior Years [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 94,384 | (97,875) | 16,606 | (62,391)
Non-PEO NEO | Forfeitures During Current Year Equal To Prior Year-End Fair Value [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | (192,664) | (45,598) | 0
Non-PEO NEO | Dividends or Dividend Equivalents Not Included Total Compensation [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation Amount, Equity Awards | 0 | 0 | 0 | 0
Non-PEO NEO | Total Adjustments for Equity Awards [Member] |  |  |  |
Pay vs Performance Disclosure |  |  |  |
Adjustment to Compensation, Amount | $ 1,128,755 | $ (97,176) | $ (185,932) | $ 149,888

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