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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions
Jul. 02, 2011
Dec. 31, 2010
Current assets:    
Cash and equivalents $ 395.1 $ 455.4
Accounts receivable, net 1,301.3 1,164.8
Inventories 665.9 564.3
Other current assets 147.9 176.1
Deferred income taxes 53.0 67.9
Total current assets 2,563.2 2,428.5
Property, plant and equipment:    
Land 40.3 40.8
Buildings and leasehold improvements 275.6 264.1
Machinery and equipment 817.9 767.1
Property, plant and equipment, gross 1,133.8 1,072.0
Accumulated depreciation (564.6) (526.8)
Property, plant and equipment, net 569.2 545.2
Goodwill 1,688.5 1,634.6
Intangibles, net 742.2 719.5
Deferred income taxes 11.7  
Other assets 673.0 665.5
TOTAL ASSETS 6,247.8 5,993.3
Current liabilities:    
Accounts payable 638.0 538.8
Accrued expenses 1,009.2 1,080.1
Income taxes payable 9.7 16.3
Short-term debt 134.8 36.3
Current maturities of long-term debt 1.3 50.8
Total current liabilities 1,793.0 1,722.3
Long-term debt 1,110.7 1,110.5
Deferred and other income taxes 80.0 86.9
Other long-term liabilities 970.4 969.6
Total long-term liabilities 2,161.1 2,167.0
Commitments and contingent liabilities (Note 13)    
SPX Corporation shareholders' equity:    
Common stock (98,711,783 and 51,083,691 issued and outstanding at July 2, 2011, respectively, and 98,068,416 and 50,294,261 issued and outstanding at December 31, 2010, respectively) 992.0 986.7
Paid-in capital 1,484.5 1,461.1
Retained earnings 2,390.5 2,358.6
Accumulated other comprehensive loss (69.2) (192.6)
Common stock in treasury (47,628,092 and 47,774,155 shares at July 2, 2011 and December 31, 2010, respectively) (2,510.4) (2,516.1)
Total SPX Corporation shareholders' equity 2,287.4 2,097.7
Noncontrolling interests 6.3 6.3
Total equity 2,293.7 2,104.0
TOTAL LIABILITIES AND EQUITY $ 6,247.8 $ 5,993.3