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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and equivalents $ 299.2 $ 197.0
Accounts receivable, net 243.1 278.4
Contract assets 27.3 33.8
Inventories, net 208.1 220.5
Other current assets 32.2 33.3
Assets of discontinued operations - current 464.0 244.4
Total current assets 1,273.9 1,007.4
Property, plant and equipment:    
Land 22.2 23.9
Buildings and leasehold improvements 170.8  
Buildings and leasehold improvements   175.5
Machinery and equipment 325.9  
Machinery and equipment   336.8
Property, plant, and equipment, gross 518.9  
Property, plant and equipment, gross   536.2
Accumulated depreciation (289.0)  
Accumulated depreciation   (284.9)
Property, plant, and equipment, net 229.9  
Property, plant and equipment, net   251.3
Goodwill 545.1 550.4
Intangibles, net 208.1 219.2
Other assets 180.4 111.1
Assets of discontinued operations - long-term 0.0 412.4
TOTAL ASSETS 2,437.4 2,551.8
Current liabilities:    
Accounts payable 142.6 157.0
Contract liabilities 116.3 136.4
Accrued expenses 162.0 149.0
Income taxes payable 45.2 26.7
Short-term debt 20.7 26.0
Current maturities of long-term debt 0.1 20.8
Liabilities of discontinued operations - current 220.5 133.4
Total current liabilities 707.4 649.3
Long-term debt 693.7 718.3
Deferred and other income taxes 27.9 71.5
Other long-term liabilities 115.0 67.5
Liabilities of discontinued operations - long-term 0.0 60.6
Total long-term liabilities 836.6 917.9
Commitments and contingent liabilities (Note 16)
Mezzanine equity 20.3 21.5
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, $0.01 par value, 300,000,000 shares authorized, 43,128,247 issued and 42,566,884 outstanding at December 31, 2019, and 42,932,339 issued and 42,542,888 outstanding at December 31, 2018 0.4 0.4
Paid-in capital 1,677.0 1,662.6
Accumulated deficit (369.2) (265.6)
Accumulated other comprehensive loss (426.5) (430.7)
Common stock in treasury (561,363 shares at December 31, 2019, and 389,451 shares at December 31, 2018) (19.3) (13.9)
Total SPX FLOW, Inc. shareholders' equity 862.4 952.8
Noncontrolling interests 10.7 10.3
Total equity 873.1 963.1
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY $ 2,437.4 $ 2,551.8