XML 59 R45.htm IDEA: XBRL DOCUMENT v3.22.0.1
Basis of Presentation and Summary of Significant Accounting Policies (Details)
3 Months Ended 12 Months Ended
Dec. 15, 2021
USD ($)
Aug. 02, 2021
USD ($)
Jun. 08, 2021
USD ($)
Apr. 19, 2021
USD ($)
Nov. 11, 2020
USD ($)
Sep. 02, 2020
USD ($)
Nov. 12, 2019
USD ($)
Jul. 03, 2019
USD ($)
Feb. 01, 2019
USD ($)
Dec. 31, 2021
USD ($)
project
Oct. 02, 2021
USD ($)
Dec. 31, 2021
USD ($)
project
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Oct. 01, 2021
USD ($)
Mar. 28, 2020
USD ($)
Discontinued Operations                                
Gain (loss) on disposition of discontinued operations, net of tax                       $ 360,700,000 $ (3,700,000) $ (4,400,000)    
Business acquisition and other investments, net of cash acquired                       265,200,000 104,400,000 147,100,000    
Foreign currency transaction losses                       (900,000) (600,000) (900,000)    
Capitalized software, net of amortization                   $ 100,000   100,000 1,300,000      
Capitalized software amortization expense                       1,300,000 2,500,000 2,400,000    
Research and development expense                       30,700,000 28,100,000 24,300,000    
Depreciation expense, including amortization of capital leases                       19,400,000 15,400,000 13,100,000    
Interest capitalized                       0 0 $ 0    
Sealite                                
Discontinued Operations                                
Payment for acquisition       $ 80,300,000                        
Cash acquired       $ 2,300,000                        
Enterprise Control Systems Ltd                                
Discontinued Operations                                
Payment for acquisition   $ 39,400,000                            
Cash acquired   5,100,000                            
Deferred payment   16,800,000                            
Contingent consideration   8,200,000               1,500,000   1,500,000        
Financial liabilities   $ 6,700,000                            
Cincinnati Fan                                
Discontinued Operations                                
Payment for acquisition $ 145,200,000                              
Cash acquired $ 2,500,000                              
ULC Robotics                                
Discontinued Operations                                
Payment for acquisition           $ 89,200,000                    
Cash acquired           4,000,000.0                    
Deferred payment           $ 45,000,000.0                    
Contingent consideration                   24,300,000   24,300,000        
Sensors & Software Inc                                
Discontinued Operations                                
Payment for acquisition         $ 15,500,000                      
Cash acquired         300,000                      
Deferred payment         3,900,000                      
Contingent consideration         $ 700,000         1,300,000   1,300,000 $ 700,000      
Financial liabilities                   $ 600,000   $ 600,000        
Sabik Marine                                
Discontinued Operations                                
Cash acquired                 $ 600,000              
Business acquisition and other investments, net of cash acquired                 $ 77,200,000              
SGS Refrigeration Inc.                                
Discontinued Operations                                
Payment for acquisition               $ 11,500,000                
Deferred payment                               $ 1,500,000
Patterson-Kelley, LLC                                
Discontinued Operations                                
Payment for acquisition             $ 59,900,000                  
Buildings | Maximum                                
Discontinued Operations                                
Useful lives of property, plant and equipment (in years)                       40 years        
Machinery and equipment | Maximum                                
Discontinued Operations                                
Useful lives of property, plant and equipment (in years)                       15 years        
Machinery and equipment | Minimum                                
Discontinued Operations                                
Useful lives of property, plant and equipment (in years)                       3 years        
Revenue Benchmark | Product Concentration Risk | SPX Transformer Solutions, Inc.                                
Discontinued Operations                                
Concentration risk, percentage     25.00%                          
Discontinued operations | DBT                                
Discontinued Operations                                
Large power projects part of dispute resolution | project                   2   2        
Gain (loss) on disposition of discontinued operations, net of tax                       $ (19,900,000)        
Discontinued operations | Transformer solutions                                
Discontinued Operations                                
Transfer of all equity     $ 645,000,000.0                          
Discontinued operations, disposed of by sale | Transformer solutions                                
Discontinued Operations                                
Net cash proceeds received                             $ 620,600,000  
Gain (loss) on disposition of discontinued operations, net of tax                   $ 24,500,000 $ 357,700,000 $ 382,200,000