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INVENTORIES, NET (Tables)
 9 Months Ended
Oct. 01, 2022
Inventory Disclosure [Abstract]  
Schedule of Inventories Inventories at October 1, 2022 and December 31, 2021 comprised the following:
October 1,
2022		December 31,
2021
Finished goods$73.2 $55.1 
Work in process34.3 21.1 
Raw materials and purchased parts157.7 113.6 
Total inventories$265.2 $189.8 
Cumulative Effect on Balance Sheet
As mentioned in Note 1, during the fourth quarter of 2021, we converted the inventory accounting for certain of our domestic businesses within our HVAC reportable segment from the LIFO method to the FIFO method. The effects of this accounting change have been retrospectively applied to all periods presented. The impact of this change on our condensed consolidated statements of operations and condensed consolidated statements of comprehensive income for the three and nine months ended October 2, 2021 was as follows:

As Computed under LIFOEffect of ChangeAs Adjusted
Consolidated Statement of Operations for three months ended October 2, 2021:
Income from continuing operations before income taxes$16.6 $1.5 $18.1 
Income tax provision(3.8)(0.4)(4.2)
Income from continuing operations12.8 1.1 13.9 
Income from discontinued operations, net of tax318.3 (1.9)316.4 
Net income$331.1 $(0.8)$330.3 
Basic income per share of common stock:
Income from continuing operations, net of tax$0.28 $0.03 $0.31 
Income from discontinued operations, net of tax7.02 (0.04)6.98 
Net income attributable to SPX common stockholders$7.30 $(0.01)$7.29 
Diluted income per share of common stock:
Income from continuing operations, net of tax$0.28 $0.02 $0.30 
Income from discontinued operations, net of tax6.82 (0.04)6.78 
Net income attributable to SPX common stockholders$7.10 $(0.02)$7.08 
Total comprehensive income$325.0 $(0.8)$324.2 
As Computed under LIFOEffect of ChangeAs Adjusted
Consolidated Statement of Operations for nine months ended October 2, 2021:
Income from continuing operations before income taxes$64.5 $2.0 $66.5 
Income tax provision(11.4)(0.5)(11.9)
Income from continuing operations53.1 1.5 54.6 
Income from discontinued operations, net of tax366.3 (1.9)364.4 
Net income$419.4 $(0.4)$419.0 
Basic income per share of common stock:
Income from continuing operations, net of tax$1.17 $0.04 $1.21 
Income from discontinued operations, net of tax8.10 (0.05)8.05 
Net income attributable to SPX common stockholders$9.27 $(0.01)$9.26 
Diluted income per share of common stock:
Income from continuing operations, net of tax$1.14 $0.04 $1.18 
Income from discontinued operations, net of tax7.89 (0.05)7.84 
Net income attributable to SPX common stockholders$9.03 $(0.01)$9.02 
Total comprehensive income$415.4 $(0.4)$415.0