Acquisitions, Discontinued Operations and Formation of Shanghai Electric JV (Tables)

12 Months Ended

Dec. 31, 2014

Acquisitions, Discontinued Operations and Formation of Shanghai Electric JV

Schedule of businesses sold showing quarter discontinued and quarter sold

Business	Quarter Discontinued		Quarter of Sale or Termination of Operations
Fenn LLC ("Fenn")		Q3 2013		Q3 2014
SPX Precision Components ("Precision Components")		Q3 2013		Q2 2014
Thermal Product Solutions ("TPS")		Q3 2013		Q1 2014
Broadcast Antenna System business ("Dielectric")		Q2 2013		Q2 2013
Crystal Growing business ("Kayex")		Q1 2013		Q1 2013
TPS Tianyu Equipment Co., Ltd. ("Tianyu")		Q4 2012		Q4 2012
Weil-McLain (Shandong) Cast-Iron-Boiler Co., Ltd. ("Weil-McLain Shandong")		Q4 2012		Q4 2012
SPX Service Solutions ("Service Solutions")		Q1 2012		Q4 2012

Schedule of income (loss) from discontinued operations and related income taxes

	Year ended December 31,
	2014			2013			2012
Income from discontinued operations	$	22.1		$	3.6		$	612.7
Income tax provision		(13.8	)		(2.3	)		(264.3	)
Income from discontinued operations, net	$	8.3		$	1.3		$	348.4

Schedule of results of operations of businesses reported as discontinued operations

	Year ended December 31,
	2014			2013		2012
Revenues	$	27.7		$	148.9	$	1,030.6
Pre-tax income (loss)		(6.1	)		7.0		57.1

Schedule of major classes of assets and liabilities, excluding intercompany balances, of businesses reported as discontinued operations

	December 31, 2013
Assets:
Accounts receivable, net	$	19.1
Inventories, net		33.9
Other current assets		1.1
Property, plant and equipment, net		12.1
Goodwill and intangibles, net		34.7
Assets of discontinued operations	$	100.9
Liabilities:
Accounts payable	$	10.4
Accrued expenses		17.0
Liabilities of discontinued operations	$	27.4