SPX FLOW (FLOW) 10-Q 7 Aug 19 2019 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 29, 2019	Aug. 02, 2019
Cover page.
Document Quarterly Report	true
Title of 12(b) Security	Common Stock, Par Value $0.01
Trading Symbol	FLOW
Entity Incorporation, State or Country Code	DE
Entity Registrant Name	SPX FLOW, INC.
City Area Code	704
Local Phone Number	752-4400
Entity Central Index Key	0001641991
Document Type	10-Q
Entity File Number	1-37393
Document Period End Date	Jun. 29, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		42,562,795
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Tax Identification Number	47-3110748
Entity Address, Address Line One	13320 Ballantyne Corporate Place
Entity Address, City or Town	Charlotte,
Entity Address, State or Province	NC
Entity Address, Postal Zip Code	28277
Security Exchange Name	NYSE
Document Transition Report	false
Entity Interactive Data Current	Yes

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Income Statement [Abstract]
Revenues	$ 385.4	$ 406.5	$ 758.8	$ 775.4
Cost of products sold	254.8	270.7	504.8	521.2
Gross profit	130.6	135.8	254	254.2
Selling, general and administrative	96.2	98.3	183.7	192.8
Intangible amortization	2.8	3.3	5.7	6.7
Restructuring and other related charges	1.9	1.9	6.9	2.7
Operating income	29.7	32.3	57.7	52
Other income (expense), net	1.7	(0.3)	7.2	(2.1)
Interest expense, net	(8.4)	(9.1)	(16)	(18.3)
Income from continuing operations before income taxes	23	22.9	48.9	31.6
Income tax provision	(11.5)	(8.2)	(22.2)	(5.2)
Income from continuing operations	11.5	14.7	26.7	26.4
Income from discontinued operations, net of tax	50.7	8.7	55.6	12.3
Net income	62.2	23.4	82.3	38.7
Less: Net income (loss) attributable to noncontrolling interests	(0.4)	0.5	0.2	0.3
Net income attributable to SPX FLOW, Inc.	62.6	22.9	82.1	38.4
Amounts attributable to SPX FLOW, Inc. common shareholders:
Income from continuing operations, net of tax	11.4	14.2	26.3	25.8
Income from discontinued operations, net of tax	51.2	8.7	55.8	12.6
Net income attributable to SPX FLOW, Inc.	$ 62.6	$ 22.9	$ 82.1	$ 38.4
Basic income per share of common stock:
Income per share from continuing operations (in dollars per share)	$ 0.27	$ 0.34	$ 0.62	$ 0.61
Income per share from discontinued operations (in dollars per share)	1.21	0.20	1.32	0.30
Net income per share attributable to SPX FLOW, Inc. (in dollars per share)	1.48	0.54	1.94	0.91
Diluted income per share of common stock:
Income per share from continuing operations (in dollars per share)	0.27	0.34	0.62	0.61
Income per share from discontinued operations (in dollars per share)	1.20	0.20	1.31	0.29
Net income per share attributable to SPX FLOW, Inc. (in dollars per share)	$ 1.47	$ 0.54	$ 1.93	$ 0.90
Weighted average number of common shares outstanding - basic (in shares)	42,368	42,146	42,410	42,072
Weighted average number of common shares outstanding - diluted (in shares)	42,617	42,616	42,597	42,559

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Statement of Comprehensive Income [Abstract]
Net income	$ 62.2	$ 23.4	$ 82.3	$ 38.7
Other comprehensive income (loss), net:
Net unrealized gains on qualifying cash flow hedges, net of tax provision of $0.1	0		0.2
Net unrealized gains on qualifying cash flow hedges, net of tax provision of $0.1		0		0
Foreign currency translation adjustments	9.3	(78)	0.4	(38)
Other comprehensive income (loss), net	9.3	(78)	0.6	(38)
Total comprehensive income (loss)	71.5	(54.6)	82.9	0.7
Less: Total comprehensive income (loss) attributable to noncontrolling interests	(0.6)	0.1	0	(0.1)
Total comprehensive income (loss) attributable to SPX FLOW, Inc.	$ 72.1	$ (54.7)	$ 82.9	$ 0.8

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) $ in Millions	6 Months Ended
	Jun. 29, 2019USD ($)
Statement of Comprehensive Income [Abstract]
Net unrealized gains on qualifying cash flow hedges, tax provision	$ 0.1

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Current assets:
Cash and equivalents	$ 186.7	$ 197
Accounts receivable, net	258.4	278.4
Contract assets	30.1	33.8
Inventories, net	233.3	220.5
Other current assets	21.3	33.3
Assets of discontinued operations - current	664	244.4
Total current assets	1,393.8	1,007.4
Property, plant and equipment:
Land	23.7	23.9
Buildings and leasehold improvements	170.7	175.5
Machinery and equipment	342.8	336.8
Property, plant and equipment, gross	537.2	536.2
Accumulated depreciation	(292.6)	(284.9)
Property, plant and equipment, net	244.6	251.3
Goodwill	549.6	550.4
Intangibles, net	213.5	219.2
Other assets	172.7	111.1
Assets of discontinued operations - long-term	0	412.4
TOTAL ASSETS	2,574.2	2,551.8
Current liabilities:
Accounts payable	149.3	157
Contract liabilities	108.8	136.4
Accrued expenses	155.1	149
Income taxes payable	21.9	26.7
Short-term debt	23.5	26
Current maturities of long-term debt	0.1	20.8
Liabilities of discontinued operations - current	198.3	133.4
Total current liabilities	657	649.3
Long-term debt	708	718.3
Deferred and other income taxes	42.2	71.5
Other long-term liabilities	107.9	67.5
Liabilities of discontinued operations - long-term	0	60.6
Total long-term liabilities	858.1	917.9
Commitments and contingent liabilities (Note 12)
Mezzanine equity	21	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
Common stock, par value $0.01 per share, 300,000,000 shares authorized, 43,119,988 issued and 42,562,795 outstanding at June 29, 2019, and 42,932,339 issued and 42,542,888 outstanding at December 31, 2018	0.4	0.4
Paid-in capital	1,669.4	1,662.6
Accumulated deficit	(192)	(265.6)
Accumulated other comprehensive loss	(429.9)	(430.7)
Common stock in treasury (557,193 shares at June 29, 2019, and 389,451 shares at December 31, 2018)	(19.1)	(13.9)
Total SPX FLOW, Inc. shareholders' equity	1,028.8	952.8
Noncontrolling interests	9.3	10.3
Total equity	1,038.1	963.1
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY	$ 2,574.2	$ 2,551.8

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 29, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Preferred stock, par value (in dollars per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	300,000,000	300,000,000
Common stock, shares issued (in shares)	43,119,988	42,932,339
Common stock, shares outstanding (in shares)	42,562,795	42,542,888
Common stock in treasury (in shares)	557,193	389,451

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Millions	Total	Total SPX FLOW, Inc. Shareholders' Equity	Common Stock	Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Common Stock in Treasury	Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2017			42,400,000
Beginning balance at Dec. 31, 2017	$ 951.8	$ 942.1	$ 0.4	$ 1,650.9	$ (327.5)	$ (372.8)	$ (8.9)	$ 9.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	38.7	38.4			38.4			0.3
Other comprehensive income (loss), net	(38)	(37.6)				(37.6)		(0.4)
Incentive plan activity	2.4	2.4		2.4
Stock-based compensation expense	9.1	9.1		9.1
Restricted stock and restricted stock unit vesting, net of tax withholdings (in shares)			100,000
Restricted stock and restricted stock unit vesting, net of tax withholdings	(4.4)	(4.4)					(4.4)
Acquisition of noncontrolling interest	(2.6)	(5.7)		(5.7)				3.1
Dividends attributable to noncontrolling interests	(2.2)							(2.2)
Ending balance (in shares) at Jun. 30, 2018			42,500,000
Ending balance at Jun. 30, 2018	953.3	942.8	$ 0.4	1,656.7	(283.3)	(417.7)	(13.3)	10.5
Beginning balance (in shares) at Mar. 31, 2018			42,500,000
Beginning balance at Mar. 31, 2018	1,008.1	999.6	$ 0.4	1,658.4	(306.2)	(340.1)	(12.9)	8.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	23.4	22.9			22.9			0.5
Other comprehensive income (loss), net	(78)	(77.6)				(77.6)		(0.4)
Stock-based compensation expense	4	4		4
Restricted stock and restricted stock unit vesting, net of tax withholdings	(0.4)	(0.4)					(0.4)
Acquisition of noncontrolling interest	(2.6)	(5.7)		(5.7)				3.1
Dividends attributable to noncontrolling interests	(1.2)							(1.2)
Ending balance (in shares) at Jun. 30, 2018			42,500,000
Ending balance at Jun. 30, 2018	$ 953.3	942.8	$ 0.4	1,656.7	(283.3)	(417.7)	(13.3)	10.5
Beginning balance (in shares) at Dec. 31, 2018	42,542,888		42,500,000
Beginning balance at Dec. 31, 2018	$ 963.1	952.8	$ 0.4	1,662.6	(265.6)	(430.7)	(13.9)	10.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	82.3	82.1			82.1			0.2
Other comprehensive income (loss), net	0.6	0.8				0.8		(0.2)
Stock-based compensation expense	6.8	6.8		6.8
Restricted stock and restricted stock unit vesting, net of tax withholdings (in shares)			100,000
Restricted stock and restricted stock unit vesting, net of tax withholdings	(5.2)	(5.2)					(5.2)
Dividends attributable to noncontrolling interests	$ (1)							(1)
Ending balance (in shares) at Jun. 29, 2019	42,562,795		42,600,000
Ending balance at Jun. 29, 2019	$ 1,038.1	1,028.8	$ 0.4	1,669.4	(192)	(429.9)	(19.1)	9.3
Beginning balance (in shares) at Mar. 30, 2019			42,500,000
Beginning balance at Mar. 30, 2019	964.1	953.2	$ 0.4	1,665.8	(254.6)	(439.4)	(19)	10.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	62.2	62.6			62.6			(0.4)
Other comprehensive income (loss), net	9.3	9.5				9.5		(0.2)
Stock-based compensation expense	3.6	3.6		3.6
Restricted stock and restricted stock unit vesting, net of tax withholdings (in shares)			100,000
Restricted stock and restricted stock unit vesting, net of tax withholdings	(0.1)	(0.1)					(0.1)
Dividends attributable to noncontrolling interests	$ (1)							(1)
Ending balance (in shares) at Jun. 29, 2019	42,562,795		42,600,000
Ending balance at Jun. 29, 2019	$ 1,038.1	$ 1,028.8	$ 0.4	$ 1,669.4	$ (192)	$ (429.9)	$ (19.1)	$ 9.3

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018
Cash flows from operating activities:
Net income	$ 82.3	$ 38.7
Less: Income from discontinued operations, net of tax	55.6	12.3
Income from continuing operations	26.7	26.4
Adjustments to reconcile income from continuing operations to net cash from operating activities:
Restructuring and other related charges	6.9	2.7
Deferred income taxes	8.5	1.6
Depreciation and amortization	19.4	21.3
Stock-based compensation	6.2	8.3
Pension and other employee benefits	1	3.7
Loss (gain) on asset sales and other, net	(0.2)	0.1
Gain on change in fair value of investment in equity security	(7.8)	0
Changes in operating assets and liabilities, net of effects from discontinued operations:
Accounts receivable and other assets	45.1	(13.7)
Contract assets and liabilities, net	(24)	(0.9)
Inventories	(12.2)	(34.2)
Accounts payable, accrued expenses and other	(45.9)	(17.7)
Cash spending on restructuring actions	(3.3)	(8.5)
Net cash from (used in) continuing operations	20.4	(10.9)
Net cash from discontinued operations	23.8	29.5
Net cash from operating activities	44.2	18.6
Cash flows used in investing activities:
Proceeds from asset sales and other, net	0.7	0
Capital expenditures	(12.5)	(8.3)
Net cash used in continuing operations	(11.8)	(8.3)
Net cash used in discontinued operations	(2.8)	(4.1)
Net cash used in investing activities	(14.6)	(12.4)
Cash flows used in financing activities:
Borrowings under amended and restated senior credit facilities	122	0
Repayments of amended and restated senior credit facilities	(7)	0
Borrowings under former senior credit facilities	33	55.8
Repayments of former senior credit facilities	(173)	(115.8)
Borrowings under former trade receivables financing arrangement	54	65.5
Repayments of former trade receivables financing arrangement	(54)	(62.5)
Borrowings under other financing arrangements	0.6	3.7
Repayments of other financing arrangements	(3.2)	(3.6)
Financing fees paid	(2.7)	0
Minimum withholdings paid on behalf of employees for net share settlements, net	(5.2)	(4.4)
Dividends paid to noncontrolling interests in subsidiary	(1)	(2.2)
Net cash used in continuing operations	(36.5)	(63.5)
Net cash used in discontinued operations	(0.2)	(0.3)
Net cash used in financing activities	(36.7)	(63.8)
Change in cash, cash equivalents and restricted cash due to changes in foreign currency exchange rates	(2.8)	(1.3)
Net change in cash, cash equivalents and restricted cash	(9.9)	(58.9)
Consolidated cash, cash equivalents and restricted cash, beginning of period	214.3	264.9
Consolidated cash, cash equivalents and restricted cash, end of period	$ 204.4	$ 206

CONDENSED CONSOLIDATED STATEM_6

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED) - USD ($) $ in Millions	Jun. 29, 2019	Jun. 30, 2018
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 186.7	$ 174.6
Cash and cash equivalents included in assets of discontinued operations	16.8	30.3
Restricted cash included in assets of discontinued operations	0.9	1.1
Consolidated cash, cash equivalents and restricted cash, end of period	$ 204.4	$ 206

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 29, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION General Matters SPX FLOW, Inc. and its consolidated subsidiaries (“SPX FLOW,” ‘‘the Company,’’ “we,” “us,” or “our”) operate in two business segments: the Food and Beverage segment and the Industrial segment. We prepared the condensed consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim reporting. As permitted under those rules and regulations, certain footnotes or other financial information normally required by accounting principles generally accepted in the United States (“GAAP”) can be condensed or omitted. The financial statements represent our accounts after the elimination of intercompany transactions and, in our opinion, include the adjustments (consisting only of normal and recurring items) necessary for their fair presentation. Preparing financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from these estimates. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with the consolidated financial statements contained in our 2018 Annual Report on Form 10-K. Interim results are not necessarily indicative of full year results and the condensed consolidated financial statements may not be indicative of the Company’s future performance. We have reclassified certain prior year amounts, including the results of discontinued operations and reportable segment information, to conform to the current year presentation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations. See Note 3 for information on discontinued operations and Note 4 for information on our reportable segments. In addition, amounts previously captioned “Special Charges” in our condensed consolidated financial statements included in our second quarter 2018 Quarterly Report on Form 10-Q are now reported under the caption “Restructuring and other related charges” to conform to the current year presentation. We establish actual interim closing dates using a fiscal calendar, which requires our businesses to close their books on the Saturday closest to the end of the first calendar quarter, with the second and third quarters being 91 days in length. Our fourth quarter ends on December 31. The interim closing dates for the first, second and third quarters of 2019 are March 30, June 29, and September 28, compared to the respective March 31, June 30, and September 29, 2018 dates. We had one less day in the first quarter of 2019 and will have one more day in the fourth quarter of 2019 than in the respective 2018 periods. Revenue Recognition Contract Balances: Contract assets include unbilled amounts typically resulting from sales under contracts recognized over time when the cost-to-cost method of revenue recognition is utilized and revenue recognized exceeds the amount billed to the customer, and right to payment is not just subject to the passage of time. Contract assets are generally classified as current, as we expect to bill the amounts within the next twelve months. Contract liabilities include billings in excess of revenue under contracts recognized over time and advance payments received from customers related to product sales (unearned revenue). We classify contract liabilities generally as a current liability, as we expect to recognize the related revenue within the next twelve months. Our contract assets and liabilities are reported on a contract-by-contract basis at the end of each reporting period. Our contract accounts receivable, assets and liabilities, and changes in such balances, were as follows: June 29, 2019 December 31, 2018 Change (1) Contract accounts receivable (2) $ 245.9 $ 263.9 $ (18.0 ) Contract assets 30.1 33.8 (3.7 ) Contract liabilities (108.8 ) (136.4 ) 27.6 Net contract balance $ 167.2 $ 161.3 $ 5.9 (1) The $5.9 increase in our net contract balance from December 31, 2018 to June 29, 2019 was primarily due to the timing of advance and milestone payments received on certain Food and Beverage contracts recognized over time, and of performance obligations satisfied and the related revenue recognized on such contracts. (2) Included in “Accounts receivable, net” in our condensed consolidated balance sheets. Amounts are presented before consideration of the allowance for uncollectible accounts. During the three and six months ended June 29, 2019 , we recognized revenues of $24.3 and $76.8 , respectively, related to contract liabilities outstanding as of December 31, 2018 . Remaining Performance Obligations: Remaining performance obligations represent the transaction price of orders for which (i) control of goods or services has not been transferred to the customer or we have not otherwise met our performance obligations, or (ii) where revenue is accounted for over time, proportional costs have not yet been incurred. Such remaining performance obligations exclude unexercised contract options and potential orders under “blanket order” contracts (e.g., with indefinite delivery dates or quantities). As of June 29, 2019 , the aggregate amount of our remaining performance obligations was $527.6 . The Company expects to recognize revenue on approximately 94% and substantially all of our remaining performance obligations within the next 12 and 24 months, respectively.

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	6 Months Ended
	Jun. 29, 2019
Accounting Changes and Error Corrections [Abstract]
NEW ACCOUNTING PRONOUNCEMENTS	NEW ACCOUNTING PRONOUNCEMENTS The following is a summary of new accounting pronouncements that apply or may apply to our business. New Lease Pronouncement Effects of Adoption - In February 2016, and as subsequently amended, the Financial Accounting Standards Board (the “FASB”) issued a new standard which requires a lessee to recognize on its balance sheet the assets and liabilities associated with the rights and obligations created by leases. Leases will continue to be classified as either financing or operating, with classification affecting the recognition, measurement and presentation of costs and cash flows arising from a lease. We adopted the standard effective January 1, 2019 using the modified retrospective adoption method which allowed us to initially apply the new standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of accumulated deficit. In connection with our adoption of the new lease pronouncement, we recorded a charge to accumulated deficit of $8.5 , reflecting the effects of (1) an impairment of a right-of-use (“ROU”) asset resulting from the rationalization of a business in our Food and Beverage segment during the fourth quarter of 2018 and, to a lesser extent, (2) the reclassification of a former capital lease to an operating lease. See Note 5 for additional information regarding the rationalization of the Food and Beverage business. We have elected to use the practical expedient package that allows us to not reassess: (1) whether any expired or existing contracts are or contain leases, (2) lease classification for any expired or existing leases and (3) initial direct costs for any expired or existing leases. We additionally elected to use the practical expedients that allow lessees to: (1) treat the lease and non-lease components of leases as a single lease component for all of our leases and (2) not recognize on our balance sheet leases with terms less than twelve months. We determine if an arrangement is a lease at inception. We lease certain manufacturing facilities, warehouses, administrative offices, sales and service locations, machinery and equipment, vehicles and office equipment under operating leases. Under the new standard, operating leases result in the recognition of ROU assets and lease liabilities on the consolidated balance sheet. ROU assets represent our right to use the leased asset for the lease term and lease liabilities represent our obligation to make lease payments. Under the new standard, operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, upon adoption of the new standard, we used our country-specific estimated incremental borrowing rate based on the information available, including lease term, as of January 1, 2019 to determine the present value of lease payments. Operating lease ROU assets are adjusted for any lease payments made prior to January 1, 2019 and any lease incentives. Certain of our leases may include options to extend or terminate the original lease term. We generally conclude that we are not reasonably certain to exercise these options due primarily to the length of the original lease term and our assessment that economic incentives are not reasonably certain to be realized. Operating lease expense under the new standard is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components and, as noted above, we account for the lease and non-lease components as a single lease component under the new standard. Our current finance lease obligations consist primarily of manufacturing facility leases. Upon adoption of the new standard, we reclassified a single lease from capital to operating based on specific transition requirements for build-to-suit arrangements recognized as capital leases under the prior accounting standard. Upon derecognizing the former capital lease asset and liability, we determined the lease to be operating under the new standard. Refer to the “Summary of Effects of Lease Accounting Standard Update Adopted in First Quarter of 2019” below for further details. Leases accounted for under the new standard have initial remaining lease terms of one to 15 years. Certain of our lease agreements include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of operating and finance lease ROU assets and liabilities as of June 29, 2019 were as follows: June 29, 2019 Balance Sheet Caption in Which Balance is Reported Finance lease ROU assets $ 0.3 Property, plant and equipment, net Operating lease ROU assets 49.8 Other assets Current portion of operating lease liabilities 15.6 Accrued expenses Current portion of finance lease liabilities 0.1 Current maturities of long-term debt Long-term finance lease liabilities 0.5 Long-term debt Long-term operating lease liabilities 41.3 Other long-term liabilities The components of lease expense for the three and six months ended June 29, 2019 were as follows: Three months ended Six months ended June 29, 2019 (1) June 29, 2019 (1) Operating lease cost (2) $ 4.2 9.2 Short-term lease cost (2) 0.9 1.2 Variable lease cost (2) 0.1 0.5 Total lease cost $ 5.2 $ 10.9 (1) Finance lease costs, including amortization of finance lease ROU assets and interest on finance lease liabilities, were less than $0.1 individually, for the three and six months ended June 29, 2019 . (2) Included in “ Cost of products sold ” and “ Selling, general and administrative ” in our condensed consolidated statement of operations. The future lease payments under operating and finance leases with initial remaining terms in excess of one year as of June 29, 2019 were as follows: Year Ending December 31, Operating leases Finance leases Total 2019 $ 8.8 $ 0.1 $ 8.9 2020 15.2 0.2 15.4 2021 10.8 0.1 10.9 2022 7.6 0.1 7.7 2023 5.6 0.1 5.7 2024 4.6 0.1 4.7 Thereafter 12.9 — 12.9 Total lease payments 65.5 0.7 66.2 Less: interest (8.6 ) (0.1 ) (8.7 ) Present value of lease liabilities $ 56.9 $ 0.6 $ 57.5 The future lease payments under operating and capital leases as of December 31, 2018 were as follows: Year Ending December 31, Operating leases Capital leases 2019 $ 19.0 $ 1.0 2020 14.0 1.0 2021 9.5 1.0 2022 6.1 1.0 2023 4.5 1.0 Thereafter 14.8 2.9 Total lease payments $ 67.9 7.9 Less: interest (0.7 ) Present value of lease liabilities $ 7.2 Key assumptions used in accounting for our operating and finance leases as of June 29, 2019 were as follows: June 29, 2019 Weighted-average remaining lease term (years): Operating leases 6.1 Finance leases 4.7 Weighted-average discount rate: Operating leases 4.65 % Finance leases 5.32 % Cash flows and non-cash activities related to our operating and finance leases for the six months ended June 29, 2019 were as follows: Six months ended June 29, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows paid for operating leases $ 9.5 Operating cash flows paid for finance leases — Financing cash flows paid for finance leases 0.1 Non-cash activities: Operating lease ROU assets obtained in exchange for new operating lease liabilities 2.5 Finance lease ROU assets obtained in exchange for new finance lease liabilities 0.3 Summary of Effects of Lease Accounting Standard Update Adopted in First Quarter of 2019 The cumulative effects of the changes made to our condensed consolidated balance sheet as of the beginning of the first quarter of 2019 as a result of the adoption of the accounting standard update on leases, including those included in continuing operations and discontinued operations, were as follows: Effects of adoption of lease accounting standard update related to: Balance Sheet As filed December 31, 2018 Recognition of Operating Leases Reclassification of Capital Lease to Operating Lease Impairment of Operating Lease ROU Asset Total effects of adoption With effect of lease accounting standard update January 1, 2019 Assets Other current assets $ 33.3 $ (0.9 ) $ — $ — $ (0.9 ) $ 32.4 Assets of discontinued operations - current 244.4 (0.3 ) — — (0.3 ) 244.1 Buildings and leasehold improvements 175.5 — (7.2 ) — (7.2 ) 168.3 Accumulated depreciation (284.9 ) — 0.7 — 0.7 (284.2 ) Other assets 111.1 57.2 5.8 (8.4 ) 54.6 165.7 Assets of discontinued operations - long-term 412.4 14.6 — — 14.6 427.0 Liabilities Accrued expenses 149.0 16.1 0.9 — 17.0 166.0 Current maturities of long-term debt 20.8 — (0.7 ) — (0.7 ) 20.1 Liabilities of discontinued operations - current 133.4 4.1 — — 4.1 137.5 Long-term debt 718.3 — (6.1 ) — (6.1 ) 712.2 Other long-term liabilities 67.5 40.2 5.3 — 45.5 113.0 Liabilities of discontinued operations - long-term 60.6 10.2 — — 10.2 70.8 Equity Accumulated deficit (265.6 ) — (0.1 ) (8.4 ) (8.5 ) (274.1 ) Other New Accounting Pronouncements In June 2016, and as subsequently amended, the FASB issued an amendment on the measurement of credit losses. This amendment requires companies to estimate all expected credit losses for certain types of financial instruments, including trade receivables, held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In March 2018, the FASB issued an amendment to update the Codification and XBRL Taxonomy as a result of the Tax Cuts and Jobs Act (the “Tax Act”), and to incorporate the Staff Accounting Bulletin 118 (“SAB 118”) as released by the SEC, which provides guidance for companies that are not able to complete their accounting for the income tax effects of the Tax Act in the period of enactment. This amendment was effective for interim and annual reporting periods beginning after December 15, 2018. The Company completed its accounting for the impact of this tax reform legislation as of December 31, 2018. Our adoption of this amendment had no impact on our condensed consolidated financial statements in the first six months of 2019. In August 2018, the FASB issued an amendment to modify the disclosure requirements related to fair value measurements. This amendment removes, modifies and adds certain disclosures required under current guidance. For example, the amendment removes the requirements to disclose the amount of and reason for transfers between Level 1 and Level 2 of the fair value hierarchy as well as the policy for timing of transfers between levels, and requires certain additional disclosures related to Level 3 fair value measurements. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In August 2018, the FASB issued an amendment to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). Among other changes in requirements, the amendments in this update also require an entity to expense the capitalized implementation costs of a hosting arrangement that is a service contract over the term of the hosting arrangement. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In August 2018, the FASB issued an amendment to modify the disclosure requirements related to defined benefit plans. This amendment removes, clarifies and adds certain disclosures required under current guidance. For example, the amendment removes the requirement to disclose the effects of a one-percentage point change in assumed health care cost trend rates on postretirement benefit obligations and service and interest cost components of periodic benefit costs, and requires an explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. This amendment is effective for interim and annual reporting periods beginning after December 15, 2020, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements.

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	6 Months Ended
	Jun. 29, 2019
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS On May 2, 2019, the Company announced that its Board of Directors had initiated a process to divest a substantial portion of the Company’s former Power and Energy reportable segment. In connection with this initiative, the Company intends to narrow its strategic focus by separating its process solutions technologies, comprised of its Food and Beverage and its Industrial reportable segments, and including the Bran+Luebbe product line within its former Power and Energy segment, from its flow control application technologies, comprised of the substantial portion of its former Power and Energy reportable segment. Given the specific capabilities that are unique to each category of technologies and businesses, the further intent of the Company is that each business will, through a process of divestiture and separation, be positioned to further maximize its respective service to customers through the narrowing of such strategic focus. We report business or asset groups as discontinued operations when, among other things, we commit to a plan to divest the business or asset group, we actively begin marketing the business or asset group, and when the sale of the business or asset group is deemed probable of occurrence within the next twelve months. Income from discontinued operations for the three and six months ended June 29, 2019 and June 30, 2018 was as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues $ 127.8 $ 124.7 $ 245.5 $ 246.1 Cost of products sold 86.0 87.8 172.6 171.9 Gross profit 41.8 36.9 72.9 74.2 Selling, general and administrative 24.0 20.5 45.4 41.5 Intangible amortization 1.0 1.0 1.9 2.0 Restructuring and other related charges — (0.8 ) — 1.0 Operating income 16.8 16.2 25.6 29.7 Other expense, net (0.6 ) (0.5 ) (1.4 ) (3.3 ) Interest expense, net (1) (3.3 ) (3.3 ) (6.4 ) (6.6 ) Income from discontinued operations before income taxes 12.9 12.4 17.8 19.8 Income tax benefit (provision) (2) 37.8 (3.7 ) 37.8 (7.5 ) Income from discontinued operations, net of tax 50.7 8.7 55.6 12.3 Less: Loss attributable to noncontrolling interests (0.5 ) — (0.2 ) (0.3 ) Income from discontinued operations, net of tax and noncontrolling interests $ 51.2 $ 8.7 $ 55.8 $ 12.6 (1) In addition to any business-specific interest expense and income, the interest expense, net, of discontinued operations reflects an allocation of interest expense, including the amortization of deferred financing fees, related to the Company’s senior notes, senior credit facilities and former trade receivables financing arrangement. Interest expense related to such debt instruments and allocated to discontinued operations was $3.3 and $3.4 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and $6.4 and $6.8 for the six-month periods then ended, respectively. The allocation of the Company’s interest expense of these debt instruments was determined based on the proportional amount of average net assets of the discontinued operations to the Company’s average net assets during each period, with the Company’s average net assets determined excluding the average outstanding borrowings under such debt instruments during each period. (2) During the three months ended June 29, 2019 , we recorded an income tax benefit of $37.8 on $12.9 of pre-tax income from discontinued operations, resulting in an effective tax rate of (293.0)% . This compares to an income tax provision for the three months ended June 30, 2018 of $3.7 on $12.4 of pre-tax income from discontinued operations, resulting in an effective tax rate of 29.8% . The effective tax rate for the second quarter of 2019 was impacted by a benefit of $40.6 resulting from basis differences that will be realized through the disposition of the held-for-sale assets. During the six months ended June 29, 2019 , we recorded an income tax benefit of $37.8 on $17.8 of pre-tax income from discontinued operations, resulting in an effective tax rate of (212.4)% . This compares to an income tax provision for the six months ended June 30, 2018 of $7.5 on $19.8 of pre-tax income from discontinued operations, resulting in an effective tax rate of 37.9% . The effective tax rate for the first six months of 2019 was impacted by a benefit of $40.6 resulting from basis differences that will be realized through the disposition of the held-for-sale assets. The effective tax rate for the first six months of 2018 was impacted by an expense of $1.1 resulting from an adjustment to the valuation allowance on certain deferred tax assets for which no benefit is expected to be recognized. The major classes of assets and liabilities, excluding intercompany balances, of the business reported as a discontinued operation included in the accompanying condensed consolidated balance sheets, were as follows: June 29, 2019 December 31, 2018 ASSETS Current assets: Cash and equivalents $ 16.8 $ 16.3 Accounts receivable, net 99.3 97.3 Contract assets 36.6 35.5 Inventories, net 80.0 84.3 Other current assets 9.3 11.0 Total current assets 242.0 244.4 Property, plant and equipment, net 81.6 84.2 Goodwill 194.8 193.9 Intangibles, net 91.5 93.1 Other assets (1) 54.1 41.2 Total long-term assets (2) 422.0 412.4 TOTAL ASSETS (2) $ 664.0 $ 656.8 LIABILITIES Current liabilities: Accounts payable $ 46.3 $ 46.7 Contract liabilities 30.0 38.5 Accrued expenses (1) 48.7 46.3 Income taxes payable 1.7 1.5 Current maturities of long-term debt 0.5 0.4 Total current liabilities 127.2 133.4 Long-term debt 3.7 3.8 Deferred and other income taxes 13.3 12.1 Other long-term liabilities (1) 54.1 44.7 Total long-term liabilities (2) 71.1 60.6 TOTAL LIABILITIES (2) $ 198.3 $ 194.0 (1) As of June 29, 2019 , “other assets” included $12.7 of operating lease ROU assets, “accrued expenses” included $4.0 of current portion of operating lease liabilities and “other long-term liabilities” included $9.0 of long-term operating lease liabilities, each related to the Company’s adoption of the new lease pronouncement effective January 1, 2019. (2) The total assets and liabilities of discontinued operations are classified in current assets and liabilities, respectively, in our condensed consolidated balance sheet as of June 29, 2019 , as our planned disposition of the discontinued operation is expected to occur within twelve months of that date. The assets and liabilities of discontinued operations are classified in their respective current or long-term classifications, respectively, in our condensed consolidated balance sheet as of December 31, 2018, in accordance with the nature and underlying classification of such assets and liabilities, as our planned disposition of the discontinued operations is not expected to occur within twelve months of that date. As of June 29, 2019 , management has evaluated indicators of fair value of the Company’s discontinued operations, including indications of fair value received to date from third parties in connection with the marketing of the business for sale. Based on management’s assessment, there were no indicators necessitating an interim impairment of the carrying value of the net assets, including relevant foreign currency translation adjustment balances, of the Company’s discontinued operations. The following table summarizes the significant non-cash operating items and capital expenditures reflected in cash flows of discontinued operations for the six months ended June 29, 2019 and June 30, 2018 : Six months ended June 29, 2019 June 30, 2018 Depreciation and amortization $ 7.8 $ 8.5 Capital expenditures (2.8 ) (4.1 )

INFORMATION ON REPORTABLE SEGME

INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER	6 Months Ended
	Jun. 29, 2019
Segment Reporting [Abstract]
INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER	INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER We innovate with customers to help feed and enhance the world by designing, delivering and servicing high value process solutions at the heart of growing and sustaining our diverse communities with operations in over 30 countries and sales in over 140 countries around the world. The Company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of sanitary and industrial markets. Prior to the second quarter of 2019, we aggregated our operating segments into three reportable segments; however, in connection with the planned disposition of a substantial portion of our former Power and Energy reportable segment and its reclassification as a discontinued operation, we are no longer reporting the remaining business of Power and Energy as a separate reportable segment, as the operating results of that business have not been, and are not expected to be, material to our consolidated financial results. The results of that remaining business have been reclassified and aggregated into the Industrial reportable segment in all periods presented. Accordingly, we have two reportable segments: the Food and Beverage segment and the Industrial segment. In determining our reportable segments, we apply the threshold criteria of the Segment Reporting Topic of the Codification to operating income or loss of each segment before considering asset impairment charges, restructuring and other related charges, pension and postretirement service costs and other indirect corporate expenses (including corporate stock-based compensation). This is consistent with the way our chief operating decision maker evaluates the results of each segment. Food and Beverage The Food and Beverage reportable segment operates in a regulated, global industry with customers who demand highly engineered, process solutions. Key demand drivers include dairy consumption, emerging market capacity expansion, sustainability and productivity initiatives, customer product innovation and food safety. Key products for the segment include homogenizers, pumps, valves, separators and heat exchangers. We also design and assemble process systems that integrate many of these products for our customers. Key brands include APV, Gerstenberg Schroeder, Seital and Waukesha Cherry-Burrell. Industrial The Industrial reportable segment primarily serves customers in the chemical, air treatment, mining, pharmaceutical, marine, shipbuilding, infrastructure construction, general industrial and water treatment industries. Key demand drivers of this segment are tied to macroeconomic conditions and growth in the respective end markets we serve. Key products for the segment are air dryers, filtration equipment, mixers, pumps, hydraulic technologies and heat exchangers. Key brands include Airpel, APV, Bolting Systems, Bran+Luebbe, Deltech, Hankison, Jemaco, Johnson Pump, LIGHTNIN, Power Team and Stone. Corporate Expense Corporate expense generally relates to the cost of our Charlotte, North Carolina corporate headquarters and our Asia Pacific center in Shanghai, China. Corporate expense also reflects stock-based compensation costs associated with corporate employees. Reportable Segment Financial Data Financial data for our reportable segments for the three and six months ended June 29, 2019 and June 30, 2018 were as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues: Food and Beverage $ 178.6 $ 187.6 $ 351.1 $ 354.1 Industrial 206.8 218.9 407.7 421.3 Total revenues $ 385.4 $ 406.5 $ 758.8 $ 775.4 Income: Food and Beverage $ 14.0 $ 20.0 $ 32.5 $ 37.9 Industrial 30.7 28.5 59.2 47.5 Total income for reportable segments 44.7 48.5 91.7 85.4 Corporate expense (1) 12.9 14.0 26.7 30.1 Pension and postretirement service costs 0.2 0.3 0.4 0.6 Restructuring and other related charges 1.9 1.9 6.9 2.7 Consolidated operating income $ 29.7 $ 32.3 $ 57.7 $ 52.0 (1) Includes $1.5 and $2.0 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and $3.1 and $3.7 for the six month periods then ended, respectively, related to costs for certain centralized functions/services provided and/or administered by SPX FLOW that were previously charged to business units of which the related financial results of operations have been reclassified to discontinued operations. These centralized functions/services included, but were not limited to, information technology, shared services for accounting, payroll services, supply chain, and manufacturing and process improvement operations/services. These costs generally represent the costs of employees who provided such centralized functions/services to the business units reclassified as discontinued operations but who are expected to remain employees of SPX FLOW upon the planned disposition of the discontinued operations. Additionally, transaction-related costs of $1.1 associated with the Company's preparation to market the discontinued operations during the first quarter and six months ended June 29, 2019 have been reclassified from “Corporate expense” to “ Income from discontinued operations, net of tax .” Revenues recognized over time: The following table provides revenues recognized over time by reportable segment for the three and six months ended June 29, 2019 and June 30, 2018 : Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues recognized over time: Food and Beverage $ 73.2 $ 81.4 $ 153.0 $ 144.0 Industrial 10.9 29.0 29.5 48.2 Total revenues recognized over time $ 84.1 $ 110.4 $ 182.5 $ 192.2 Disaggregated Information about Revenues: Our aftermarket revenues generally include sales of parts and service/maintenance support, and original equipment (“OE”) revenues generally include all other revenue streams. The following tables provide disaggregated information about our OE, including Food and Beverage systems, and aftermarket revenues by reportable segment for the three and six months ended June 29, 2019 and June 30, 2018 : Three months ended June 29, 2019 Three months ended June 30, 2018 Original Equipment Aftermarket Total Revenues Original Equipment Aftermarket Total Revenues Food and Beverage $ 116.9 (1) $ 61.7 $ 178.6 $ 126.3 (1) $ 61.3 $ 187.6 Industrial 139.5 67.3 206.8 146.8 72.1 218.9 Total revenues $ 256.4 $ 129.0 $ 385.4 $ 273.1 $ 133.4 $ 406.5 (1) Includes $62.4 and $66.5 for the three months ended June 29, 2019 and June 30, 2018 , respectively, of revenue realized from the sale of highly engineered Food and Beverage systems. Six months ended June 29, 2019 Six months ended June 30, 2018 Original Equipment Aftermarket Total Revenues Original Equipment Aftermarket Total Revenues Food and Beverage $ 229.5 (1) $ 121.6 $ 351.1 $ 229.6 (1) $ 124.5 $ 354.1 Industrial 276.9 130.8 407.7 285.3 136.0 421.3 Total revenues $ 506.4 $ 252.4 $ 758.8 $ 514.9 $ 260.5 $ 775.4 (1) Includes $125.0 and $120.6 for the six months ended June 29, 2019 and June 30, 2018 , respectively, of revenue realized from the sale of highly engineered Food and Beverage systems.

RESTRUCTURING AND OTHER RELATED

RESTRUCTURING AND OTHER RELATED CHARGES	6 Months Ended
	Jun. 29, 2019
Restructuring and Related Activities [Abstract]
RESTRUCTURING AND OTHER RELATED CHARGES	RESTRUCTURING AND OTHER RELATED CHARGES Restructuring and other related charges for the three and six months ended June 29, 2019 and June 30, 2018 were as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Food and Beverage $ 1.8 $ 0.6 $ 6.2 $ 0.7 Industrial 0.1 1.3 0.7 2.0 Total $ 1.9 $ 1.9 $ 6.9 $ 2.7 Restructuring and Other Related Charges By Reportable Segment Food and Beverage — Charges for the three months ended June 29, 2019 related primarily to severance and other costs associated with the closure of a facility in South America, partially offset by a credit during the period related to a revision of estimates for previously recognized charges related to prior actions, initiated during the fourth quarter of 2018, which impacted a business based primarily in the EMEA region. Charges for the six months ended June 29, 2019 included the above items as well as additional charges during the first quarter of 2019 related primarily to severance and other costs associated with the further rationalization of the business based primarily in the EMEA region described above. Charges for the three and six months ended June 30, 2018 related primarily to a further consolidation of our facilities in Poland, including the termination and other exit costs associated with a leased facility. Industrial — Charges for the six months ended June 29, 2019 related primarily to severance and other costs associated with certain operations personnel in the EMEA region. Charges for the three and six months ended June 30, 2018 related primarily to severance and other costs associated with (i) operations and commercial personnel in North America and the Asia Pacific region, partially offset by (ii) revisions of estimates related to certain previously announced restructuring activities. Expected charges still to be incurred under actions approved as of June 29, 2019 were approximately $0.1 . The following is an analysis of our restructuring liabilities (included in “Accrued expenses” in our condensed consolidated balance sheets) for the six months ended June 29, 2019 and June 30, 2018 : Six months ended June 29, 2019 June 30, 2018 Balance at beginning of year $ 7.2 $ 10.7 Restructuring and other related charges (1) 6.6 2.7 Utilization — cash (3.3 ) (8.5 ) Currency translation adjustment and other — (0.2 ) Balance at end of period $ 10.5 $ 4.7 (1) Amounts that impacted restructuring and other related charges but not the restructuring liabilities included $0.3 of other related charges during the six months ended June 29, 2019 .

INVENTORIES, NET

INVENTORIES, NET	6 Months Ended
	Jun. 29, 2019
Inventory Disclosure [Abstract]
INVENTORIES, NET	INVENTORIES, NET Inventories at June 29, 2019 and December 31, 2018 comprised the following: June 29, 2019 December 31, 2018 Finished goods $ 90.9 $ 79.1 Work in process 58.3 57.3 Raw materials and purchased parts 91.3 91.3 Total FIFO cost 240.5 227.7 Excess of FIFO cost over LIFO inventory value (7.2 ) (7.2 ) Total inventories $ 233.3 $ 220.5 Inventories include material, labor and factory overhead costs and are reduced, when necessary, to estimated net realizable values. Certain domestic inventories are valued using the last-in, first-out (“LIFO”) method. These inventories were approximately 11% of total inventory at June 29, 2019 and December 31, 2018 . Other inventories are valued using the first-in, first-out (“FIFO”) method.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill The changes in the carrying amount of goodwill by reportable segment during the six months ended June 29, 2019 were as follows: December 31, 2018 Impairments Foreign Currency Translation and Other June 29, 2019 Food and Beverage $ 261.5 $ — $ 0.9 $ 262.4 Industrial (1) 288.9 — (1.7 ) 287.2 Total $ 550.4 $ — $ (0.8 ) $ 549.6 (1) The carrying amount of goodwill included $133.3 and $133.6 of accumulated impairments as of June 29, 2019 and December 31, 2018 . As of June 29, 2019 , there were no indicators necessitating an interim impairment test of our reporting units, based on management's review of operating performance. Refer to Note 3 for further discussion of management's evaluation of interim impairment indicators associated with discontinued operations. We will perform our annual impairment testing of goodwill (and indefinite-lived intangible assets that are not amortized), during the fourth quarter of 2019 in conjunction with our annual financial planning process. In performing that annual impairment testing, we will assess, among other items, order trends and the operating cash flow performance of our reporting units. Other Intangibles, Net Identifiable intangible assets were as follows: June 29, 2019 December 31, 2018 Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets with determinable lives: Customer relationships $ 125.9 $ (94.3 ) $ 31.6 $ 125.8 $ (90.2 ) $ 35.6 Technology 62.1 (45.1 ) 17.0 62.1 (43.5 ) 18.6 Patents 5.6 (4.4 ) 1.2 5.7 (4.3 ) 1.4 Other 8.1 (8.1 ) — 8.1 (8.1 ) — 201.7 (151.9 ) 49.8 201.7 (146.1 ) 55.6 Trademarks with indefinite lives 163.7 — 163.7 163.6 — 163.6 Total $ 365.4 $ (151.9 ) $ 213.5 $ 365.3 $ (146.1 ) $ 219.2 As of June 29, 2019 , the net carrying value of intangible assets with determinable lives consisted of the following by reportable segment: $31.3 in Food and Beverage and $18.5 in Industrial. Trademarks with indefinite lives consisted of the following by reportable segment: $96.9 in Food and Beverage and $66.8 in Industrial. No impairment charges were recorded during the six months ended June 29, 2019 or June 30, 2018 . Changes in the gross carrying values of trademarks and other identifiable intangible assets during the six months ended June 29, 2019 related to foreign currency translation.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	6 Months Ended
	Jun. 29, 2019
Retirement Benefits [Abstract]
EMPLOYEE BENEFIT PLANS	EMPLOYEE BENEFIT PLANS SPX FLOW sponsors a number of defined benefit pension plans and a postretirement plan. For all of these plans, changes in the fair value of plan assets and actuarial gains and losses are recognized to earnings in the fourth quarter of each year, unless earlier remeasurement is required. The remaining components of pension and postretirement expense, primarily service and interest costs and expected return on plan assets, are recorded on a quarterly basis. Components of Net Periodic Pension and Postretirement Benefit Expense Net periodic benefit expense for our foreign pension plans and our domestic pension and postretirement plans for the three and six months ended June 29, 2019 and June 30, 2018 included the following components: Foreign Pension Plans Domestic Pension and Postretirement Plans Total Statement of Operations Caption in Which Expense is Reported Three months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Service cost $ 0.2 — $ — $ 0.3 $ 0.2 $ 0.3 Selling, general and administrative Interest cost 0.1 0.1 0.1 0.2 0.2 0.3 Other income (expense), net Recognized net actuarial loss (1) — 0.6 0.2 — 0.2 0.6 Other income (expense), net Total net periodic benefit expense $ 0.3 $ 0.7 $ 0.3 $ 0.5 $ 0.6 $ 1.2 Foreign Pension Plans Domestic Pension and Postretirement Plans Total Statement of Operations Caption in Which Expense is Reported Six Months Ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Service cost $ 0.4 0.1 $ — $ 0.5 $ 0.4 $ 0.6 Selling, general and administrative Interest cost 0.2 0.3 0.2 0.3 0.4 0.6 Other income (expense), net Recognized net actuarial loss (1) — 0.6 0.2 — 0.2 0.6 Other income (expense), net Total net periodic benefit expense $ 0.6 $ 1.0 $ 0.4 $ 0.8 $ 1.0 $ 1.8 (1) For the three and six months ended June 29, 2019 , the $0.2 charge reflects the effects of a partial settlement and remeasurement of our domestic pension plan, resulting from the lump sum payment of a former officer’s pension obligation during the second quarter of 2019. For the three and six months ended June 30, 2018 , the $0.6 charge represents a cumulative charge related to a change in the accounting for certain foreign benefit plans from defined contribution plans to defined benefit plans. These plans include approximately 50 active participants. Employer Contributions During the six months ended June 29, 2019 and June 30, 2018 , contributions to the foreign and domestic pension plans we sponsor were less than $0.1

INDEBTEDNESS

INDEBTEDNESS	6 Months Ended
	Jun. 29, 2019
Debt Disclosure [Abstract]
INDEBTEDNESS	INDEBTEDNESS Debt at June 29, 2019 and December 31, 2018 was comprised of the following: June 29, 2019 December 31, 2018 Domestic revolving loan facility $ 15.0 $ — Term loan, due in June 2022 100.0 — Former term loan (1) — 140.0 5.625% senior notes, due in August 2024 300.0 300.0 5.875% senior notes, due in August 2026 300.0 300.0 Other indebtedness (2) 24.1 33.1 Less: deferred financing fees (3) (7.5 ) (8.0 ) Total debt 731.6 765.1 Less: short-term debt 23.5 26.0 Less: current maturities of long-term debt 0.1 20.8 Total long-term debt $ 708.0 $ 718.3 (1) This formerly outstanding term loan was fully repaid during the three and six months ended June 29. 2019, as described further below under “Senior Credit Facilities.” (2) Primarily includes finance lease obligations (previously “capital lease obligations” in 2018 under prior accounting guidance) of $0.6 and $7.2 and balances under a purchase card program of $22.6 and $23.0 as of June 29, 2019 and December 31, 2018 , respectively. The purchase card program allows for payment beyond customary payment terms for goods and services acquired under the program. As this arrangement extends the payment of these purchases beyond their normal payment terms through third-party lending institutions, we have classified these amounts as short-term debt. See Note 2 for further discussion regarding our adoption of a new lease accounting standard during the first quarter of 2019 and the impact of such adoption on our capital lease obligations. (3) Deferred financing fees were comprised of fees related to the term loan and senior notes. As described further below under “Senior Credit Facilities,” we amended and restated our senior credit facilities in June 2019. In connection with this amendment, we recognized $1.0 of expense, classified as a component of “Interest expense, net” in our accompanying condensed consolidated statements of operations during the three and six months ended June 29, 2019, related to the write-off of deferred financing fees resulting from the extinguishment of the term loan and other facilities of our former senior credit facility. Senior Credit Facilities On June 27, 2019, we amended and restated our senior credit facilities with a syndicate of lenders that provide for committed senior secured financing in the aggregate initial principal amount of $750.0 , consisting of the following: • A term loan facility in an aggregate initial principal amount of $100.0 , with a final maturity of June 27, 2022; • A domestic revolving credit facility, available for loans and letters of credit, in an aggregate principal amount up to $200.0 , with a final maturity of June 27, 2024; • A global revolving credit facility, available for loans in Euros, Sterling and other currencies, in an aggregate principal amount up to the equivalent of $300.0 , with a final maturity of June 27, 2024; and • A bilateral foreign credit instrument facility, available for performance letters of credit and guarantees in Euros, Sterling and other currencies, in an aggregate principal amount up to the equivalent of $150.0 , with a final maturity of June 27, 2024. We also may seek additional commitments, without consent from the existing lenders, to add an incremental term loan facility and/or increase the commitments in respect of the domestic revolving credit facility, the global revolving credit facility, and/or the bilateral foreign credit instrument facility by an aggregate principal amount not to exceed (a) the greater of (i) $275.0 and (ii) an amount equal to 100% of consolidated adjusted EBITDA for the four fiscal quarters ended most recently before such date plus (b) an unlimited amount so long as, immediately after giving effect thereto, our Consolidated Senior Secured Leverage Ratio (as defined in the amended and restated credit agreement generally as the ratio of consolidated total debt (excluding the face amount of undrawn letters of credit, bank undertakings, or analogous instruments and net of cash and cash equivalents) at the date of determination secured by liens to consolidated adjusted EBITDA for the four fiscal quarters ended most recently before such date) does not exceed 2.75 :1.00 plus (c) an amount equal to all voluntary prepayments of the term loan facility and voluntary prepayments accompanied by permanent commitment reductions of the domestic revolving credit facility, the global revolving credit facility, and the bilateral foreign credit instrument facility. We are the borrower under all of the senior credit facilities, and we may designate certain of our foreign subsidiaries to be co-borrowers under the global revolving credit facility and the bilateral foreign credit instrument facility (“FCI”). All borrowings and other extensions of credit under our senior credit facilities are subject to the satisfaction of customary conditions, including absence of defaults and accuracy in material respects of representations and warranties. The interest rates applicable to loans under our senior credit facilities are, at our option, equal to either (x) an alternate base rate (the highest of (a) the federal funds effective rate plus 0.5% , (b) the prime rate of Bank of America, N.A., and (c) the one-month LIBOR rate plus 1.0% ) or (y) a reserve-adjusted LIBOR rate for dollars (Eurodollar) plus, in each case, an applicable margin percentage, which varies based on our Consolidated Leverage Ratio (as defined in the amended and restated credit agreement generally as the ratio of consolidated total debt (excluding the face amount of undrawn letters of credit, bank undertakings or analogous instruments and net of cash and cash equivalents) at the date of determination to consolidated adjusted EBITDA, as defined in the amended and restated credit agreement, for the four fiscal quarters ended most recently before such date). We may elect interest periods of one, two, three or six months (and, if consented to by all relevant lenders, twelve months or less) for Eurodollar rate borrowings. The per annum fees charged and the interest rate margins applicable to Eurodollar rate and alternate base rate loans are as follows: Consolidated Leverage Ratio Domestic Revolving Commitment Fee Global Revolving Commitment Fee Financial Letter of Credit Fee FCI Commitment Fee FCI Fee and Non-Financial Letter of Credit Fee Eurodollar Rate Loans ABR Loans Greater than or equal to 3.50 to 1.0 0.300% 0.300% 2.000% 0.300% 1.200% 2.000% 1.000% Between 3.50 to 1.0 and 2.50 to 1.0 0.275% 0.275% 1.750% 0.275% 1.050% 1.750% 0.750% Between 2.50 to 1.0 and 1.50 to 1.0 0.250% 0.250% 1.500% 0.250% 0.900% 1.500% 0.500% Less than 1.50 to 1.0 0.225% 0.225% 1.250% 0.225% 0.750% 1.250% 0.250% The fees for bilateral foreign credit commitments are as specified above for foreign credit instrument commitments unless otherwise agreed with the bilateral foreign issuing lender. We also pay fronting fees on the outstanding amounts of letters of credit at the rate of 0.125% per annum. Our senior credit facilities require mandatory prepayments in amounts equal to the net proceeds from the sale or other disposition of, including from any casualty to, or governmental taking of, property in excess of specified values (other than in the ordinary course of business and subject to other exceptions) by the Company or its subsidiaries. Mandatory prepayments are applied to repay, first, amounts outstanding under any term loans and, then, amounts (or cash collateralize letters of credit) outstanding under the global revolving credit facility and the domestic revolving credit facility (without reducing the commitments thereunder). No prepayment is required generally to the extent the net proceeds are reinvested (or committed to be reinvested) in permitted acquisitions, permitted investments or assets to be used in our business within 360 days (and if committed to be reinvested, actually reinvested within 180 days after the end of such 360-day period) of the receipt of such proceeds. In the case of our planned divestiture of a substantial portion of the Company’s former Power and Energy reportable segment, the divestiture is allowed under the credit agreement; however, if, after giving effect on a Pro Forma basis (as defined in the amended and restated credit agreement), our Consolidated Leverage Ratio (as defined in the amended and restated credit agreement) is greater than 3.75 to 1.0, then 100% of the net proceeds received in connection with the disposition shall be used first, for the prepayment of then-outstanding long-term indebtedness, and second, for the prepayment of any then-outstanding domestic revolving loans and global revolving loans. We may voluntarily prepay loans under our senior credit facilities, in whole or in part, without premium or penalty. Any voluntary prepayment of loans is subject to reimbursement of the lenders’ breakage costs in the case of a prepayment of Eurodollar rate borrowings other than on the last day of the relevant interest period. Indebtedness under our senior credit facilities is guaranteed by: • Each existing and subsequently acquired or organized domestic material subsidiary with specified exceptions; and • The Company with respect to the obligations of our foreign borrower subsidiaries under the global revolving credit facility and the bilateral foreign credit instrument facility. Indebtedness under our senior credit facilities is secured by (i) a first priority pledge and security interest in 100% of the capital stock of our domestic subsidiaries (with certain exceptions) held by the Company or its domestic subsidiary guarantors and 65% of the capital stock of our material first-tier foreign subsidiaries (with certain exceptions) and (ii) first priority security interests, mortgages, and other liens on substantially all of the assets of the Company and its domestic subsidiary guarantors. If the Company’s corporate credit rating is “Baa3” or better by Moody’s or “BBB-” or better by S&P and no defaults exist or would result therefrom, then all collateral security will be released and the indebtedness under our senior credit facilities will be unsecured. Our senior credit facilities require that we maintain: • A Consolidated Interest Coverage Ratio (as defined in the amended and restated credit agreement generally as the ratio of consolidated adjusted EBITDA for the four fiscal quarters ended on such date to consolidated cash interest expense for such period) as of the last day of any fiscal quarter of at least 3.00 to 1.00; and • A Consolidated Leverage Ratio (as defined in the amended and restated credit agreement) as of the last day of any fiscal quarter of not more than 4.00 to 1.00. Our senior credit facilities also contain covenants that, among other things, restrict our ability to incur additional indebtedness, grant liens, make investments, loans, guarantees, or advances, make restricted junior payments, including dividends, redemptions of capital stock, and voluntary prepayments or repurchase of certain other indebtedness, engage in mergers, acquisitions or sales of assets, or engage in certain transactions with affiliates, and otherwise restrict certain corporate activities. Our senior credit facilities contain customary representations, warranties, affirmative covenants and events of default. We are permitted under our senior credit facilities to repurchase our capital stock and pay cash dividends in an unlimited amount if our Consolidated Leverage Ratio, as defined in the amended and restated credit agreement, is (after giving pro forma effect to such payments) less than 2.50 to 1.00. If our Consolidated Leverage Ratio is (after giving pro forma effect to such payments) greater than or equal to 2.50 to 1.00, the aggregate amount of such repurchases and dividend declarations cannot exceed (a) $100.0 in any fiscal year plus (b) an additional amount for all such repurchases and dividend declarations made after June 27, 2019 equal to the Available Amount (as defined in the amended and restated credit agreement as the sum of (i) $300.0 plus (ii) a positive amount equal to 50% of cumulative Consolidated Net Income (as defined in the amended and restated credit agreement generally as consolidated net income subject to certain adjustments solely for the purposes of determining this basket) during the period from June 27, 2019, to the end of the most recent fiscal quarter preceding the date of such repurchase or dividend declaration for which financial statements have been (or were required to be) delivered (or, in case such Consolidated Net Income is a deficit, minus 100% of such deficit) plus (iii) certain other amounts specified in the amended and restated credit agreement. The proceeds of the initial borrowing under the senior credit facilities were used in substantial part to refinance indebtedness outstanding under our former senior credit facilities. A detailed description of our senior notes and former senior credit facilities is included in our consolidated financial statements included in our 2018 Annual Report on Form 10-K. The weighted-average interest rate of outstanding borrowings under our senior credit facilities was approximately 4.0% and 4.3% at June 29, 2019 and December 31, 2018 , respectively. At June 29, 2019 , we had $479.2 of borrowing capacity under our revolving credit facilities after giving effect to borrowings of $15.0 under the domestic revolving loan facility and $5.8 reserved for outstanding letters of credit. In addition, at June 29, 2019 , we had $59.5 of available issuance capacity under our foreign credit instrument facilities after giving effect to $90.5 reserved for outstanding bank guarantees. In addition, we had $16.5 of bank guarantees outstanding under the senior credit facilities that, once satisfied, cannot be reissued. At June 29, 2019 , in addition to the revolving lines of credit described above, we had approximately $8.8 of letters of credit outstanding under separate arrangements in China and India. At June 29, 2019 , we were in compliance with all covenants of our senior credit facilities and senior notes. In May 2019, we terminated our former trade receivables financing arrangement. There were no outstanding borrowings under this former facility at the date of termination, and the write-off of deferred financing fees related to this former facility, during the three and six months ended June 29, 2019, was less than $0.1 .

DERIVATIVE FINANCIAL INSTRUMENT

DERIVATIVE FINANCIAL INSTRUMENTS	6 Months Ended
	Jun. 29, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE FINANCIAL INSTRUMENTS	DERIVATIVE FINANCIAL INSTRUMENTS We manufacture and sell our products in a number of countries and, as a result, are exposed to movements in foreign currency ( “ FX ” ) exchange rates. Our objective is to preserve the economic value of non-functional currency-denominated cash flows and to minimize the impact of changes as a result of currency fluctuations. Our principal currency exposures relate to the Euro, Chinese Yuan and British Pound. We had FX forward contracts with an aggregate notional amount of $61.9 and $65.3 outstanding as of June 29, 2019 and December 31, 2018 , respectively, with all such contracts scheduled to mature within one year . We also had FX embedded derivatives with an aggregate notional amount of $2.9 and $3.1 at June 29, 2019 and December 31, 2018 , respectively, with all such contracts scheduled to mature within one year . There were unrealized losses of $0.1 and $0.3 recorded in accumulated other comprehensive loss related to FX forward contracts as of June 29, 2019 and December 31, 2018 , respectively. The net gains (losses) recorded in “ Other income (expense), net ” related to FX gains (losses) totaled $0.2 and $0.7 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and $(0.2) and $(0.8) for the six months then ended. We enter into arrangements designed to provide the right of setoff in the event of counterparty default or insolvency, and have elected to offset the fair values of our FX forward contracts in our condensed consolidated balance sheets. The gross fair values of our FX forward contracts and FX embedded derivatives, in aggregate, were $0.3 and $0.7 (gross assets) and $0.1 and $0.2 (gross liabilities) at June 29, 2019 and December 31, 2018 , respectively.

EQUITY AND STOCK-BASED COMPENSA

EQUITY AND STOCK-BASED COMPENSATION	6 Months Ended
	Jun. 29, 2019
Equity [Abstract]
EQUITY AND STOCK-BASED COMPENSATION	EQUITY AND STOCK-BASED COMPENSATION Income Per Share The following table sets forth the number of weighted-average shares outstanding used in the computation of basic and diluted income per share: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Weighted-average shares outstanding, basic 42.368 42.146 42.410 42.072 Dilutive effect of share-based awards 0.249 0.470 0.187 0.487 Weighted-average shares outstanding, dilutive (1) 42.617 42.616 42.597 42.559 (1) Unvested restricted stock shares/units not included in the computation of diluted income per share because required market thresholds for vesting (as discussed below) were not met, were 0.151 and 0.156 for the three and six months ended June 29, 2019 , respectively. Unvested restricted stock shares/units not included in the computation of diluted income per share because required internal performance thresholds for vesting (as discussed below) were not met, were 0.119 and 0.248 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and 0.129 and 0.227 for the six months then ended. Stock options outstanding excluded from the computation of diluted income per share because their exercise price was greater than the average market price of common shares, were 0.342 for the three and six months ended June 29, 2019 and June 30, 2018 . Stock-Based Compensation SPX FLOW stock-based compensation awards may be granted to certain eligible employees or non-employee directors under the SPX FLOW Stock Compensation Plan (the “Stock Plan”). Under the Stock Plan, up to 2.659 unissued shares of our common stock were available for future grant as of June 29, 2019 . The Stock Plan permits the issuance of authorized but unissued shares or shares from treasury upon the vesting of restricted stock units, granting of restricted stock shares or exercise of stock options. Each restricted stock share, restricted stock unit and stock option granted reduces share availability under the Stock Plan by one share. Restricted stock shares or restricted stock units may be granted to certain eligible employees or non-employee directors in accordance with the Stock Plan and applicable award agreements. Subject to participants' continued service and other award terms and conditions, the restrictions lapse and awards generally vest over a period of time, generally three years (or one year for awards to non-employee directors). In some instances, such as death, disability, or retirement, awards may vest concurrently with or following an employee's termination. Approximately half of such restricted stock shares and restricted stock unit awards vest based on performance thresholds, while the remaining portion vest based on the passage of time since grant date. Eligible employees, including officers, were granted 2019 target performance awards, primarily during the three months ended March 30, 2019, in which the employee can earn between 50% and 150% of the target performance award in the event, and to the extent, the award meets the required performance vesting criteria. Such awards are generally subject to the employees’ continued employment during the three-year vesting period, and may be completely forfeited if the threshold performance criteria are not met. Vesting for the 2019 target performance awards is based on SPX FLOW shareholder return versus the performance of a composite group of companies, as established under the awards (the “ Composite Group ” ), over the three-year period from January 1, 2019 through December 31, 2021. In addition, certain eligible employees, including officers, were granted 2019 target performance awards during the three months ended March 30, 2019 that vest subject to attainment of stated improvements in a three-year average annual return on invested capital (as defined under the awards) measured at the conclusion of the measurement period ending December 31, 2021 (including eligible employees’ continued employment during the measurement period). These target performance awards were issued as restricted stock units to eligible employees, including officers. Eligible employees, including officers, also were granted 2019 awards, primarily during the three months ended March 30, 2019, that vest ratably over three years , subject to the passage of time and the employees’ continued employment during such period. An officer also was granted a 2019 award during the three months ended March 30, 2019 that vests at the end of three years , subject to the passage of time and the officer’s continued employment during such period. In some instances, such as death, disability, or retirement, awards may vest concurrently with or following an employee's termination. These awards were issued as restricted stock units to eligible employees, including officers. Non-employee directors received restricted stock share awards in the three months ended June 29, 2019 that vest at the close of business on the day before the date of the Company's next regular annual meeting of shareholders held after the date of the grant, subject to the passage of time and the directors' continued service during such period. Restricted stock unit awards granted to eligible employees, including officers, primarily during the three months ended March 30, 2019, include early retirement provisions which permit recipients to be eligible for vesting generally upon reaching the age of 60 and completing ten years of service (and, if applicable, subject to the attainment of performance measures). Restricted stock units that do not vest within the applicable vesting period are forfeited. Stock options may be granted to eligible employees in the form of incentive stock options or nonqualified stock options. The option price per share may be no less than the fair market value of our common stock at the close of business on the date of grant. Upon exercise, the employee has the option to surrender previously owned shares at current value in payment of the exercise price and/or for withholding tax obligations. The recognition of compensation expense for share-based awards is based on their grant-date fair values. The fair value of each award is amortized over the lesser of the award's requisite or derived service period, which is generally up to three years as noted above. For the three and six months ended June 29, 2019 and June 30, 2018 , we recognized compensation expense related to share-based programs in “Selling, general and administrative” expense in the accompanying condensed consolidated statements of operations as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Stock-based compensation expense - continuing and discontinued operations $ 3.6 $ 4.0 6.8 9.1 Less: stock-based compensation expense recognized in discontinued operations 0.3 0.5 0.6 0.8 Stock-based compensation expense recognized in continuing operations 3.3 3.5 6.2 8.3 Income tax benefit (0.7 ) (0.9 ) (1.4 ) (2.0 ) Stock-based compensation expense, net of income tax benefit $ 2.6 $ 2.6 $ 4.8 $ 6.3 Restricted Stock Unit Awards The Monte Carlo simulation model valuation technique was used to determine the fair value of our 2019 restricted stock units that contain a “market condition.” The Monte Carlo simulation model utilizes multiple input variables that determine the probability of satisfying the market condition stipulated in the award and calculates the fair value of each restricted stock unit award. The following table summarizes the unvested restricted stock share and restricted stock unit activity for the six months ended June 29, 2019 : Unvested Restricted Stock Shares and Restricted Stock Units Weighted-Average Grant-Date Fair Value Per Share Outstanding at December 31, 2018 1.176 $36.40 Granted 0.545 34.51 Vested (0.453) 32.92 Forfeited and other (0.242) 30.97 Outstanding at June 29, 2019 1.026 $38.21 As of June 29, 2019 , there was $26.0 of unrecognized compensation cost related to restricted stock share and restricted stock unit compensation arrangements, of which $23.4 related to awards of employees associated with continuing operations. We expect this cost to be recognized over a weighted-average period of 2.1 years, including 2.1 years for awards of employees associated with continuing operations. Stock Options There were 0.342 of SPX FLOW stock options outstanding as of June 29, 2019 and December 31, 2018 , all of which were exercisable as of June 29, 2019 . The weighted-average exercise price per share of the stock options is $61.29 and the weighted-average grant-date fair value per share is $19.33 . The term of these options expires on January 2, 2025 (subject to earlier expiration upon a recipient's termination of service as provided under the awards). There was no unrecognized compensation cost related to these stock options as of June 29, 2019 . Accumulated Other Comprehensive Loss Substantially all of accumulated other comprehensive loss (“AOCL”) as of June 29, 2019 and December 31, 2018 was foreign currency translation adjustment (there were unrealized losses of $0.1 and $0.3 , net of taxes, recorded in AOCL related to FX forward contracts as of June 29, 2019 and December 31, 2018 , respectively, as discussed in Note 10 ). See the condensed consolidated statements of comprehensive income (loss) for changes in AOCL for the three and six months ended June 29, 2019 and June 30, 2018 . Common Stock in Treasury During the six months ended June 29, 2019 and June 30, 2018 , “Common stock in treasury” was increased by $5.2 and $4.4 , respectively, for common stock that was surrendered by recipients of restricted stock as a means of funding the related applicable income tax withholding requirements.

LITIGATION, CONTINGENT LIABILIT

LITIGATION, CONTINGENT LIABILITIES AND OTHER MATTERS	6 Months Ended
	Jun. 29, 2019
Commitments and Contingencies Disclosure [Abstract]
LITIGATION, CONTINGENT LIABILITIES AND OTHER MATTERS	LITIGATION, CONTINGENT LIABILITIES AND OTHER MATTERS Various claims, complaints and proceedings arising in the ordinary course of business, including those relating to litigation matters (e.g., class actions, derivative lawsuits and contracts, intellectual property and competitive claims, and claims to certain indemnification obligations arising from previous acquisitions/dispositions), have been filed or are pending against us and certain of our subsidiaries. We believe these matters are either without merit or of a kind that should not have a material effect, individually or in the aggregate, on our financial position, results of operations or cash flows. During the first quarter of 2019, the Company received a payment demand from a customer related to a project in the Power and Energy business which is classified as discontinued operations. The demand and related claims arise from the Company’s supply of equipment used in a series of long-term nuclear power projects that are substantially complete in terms of our production, revenue recognition and receipt of payment. The Company believes that it has valid defenses to the customer’s claims and plans to vigorously defend any litigation that may be instituted with respect thereto. Management is currently not able to estimate a potential loss or range of loss associated with this matter, but if this matter were to be concluded adversely to the Company, it could have a material impact on earnings and cash flows in the period so determined. We are subject to domestic and international environmental protection laws and regulations with respect to our business operations and are operating in compliance with, or taking action aimed at ensuring compliance with, these laws and regulations. We believe our compliance obligations with environmental protection laws and regulations should not have a material effect, individually or in the aggregate, on our financial position, results of operations or cash flows. Mezzanine Equity Independent noncontrolling shareholders in certain foreign subsidiaries of the Company have put options under their respective joint venture operating agreements that allow them to sell their common stock to the controlling shareholders (wholly-owned subsidiaries of SPX FLOW) upon the satisfaction of certain conditions, including the passage of time. The respective carrying values presented in “ Mezzanine equity ” of our condensed consolidated balance sheets as of June 29, 2019 and December 31, 2018 are stated at the current exercise value of the put options, irrespective of whether the options are currently exercisable. To the extent the noncontrolling interests' put option price is correlated with the estimated fair value of the subsidiary, we have used the market method to estimate such fair values. This represents a Level 3 fair value measurement as described in Note 14 . Of the $21.0 of current exercise value of the put options outstanding as of June 29, 2019 , options with a value of $11.7 became exercisable during 2018. If and when such options are exercised, we expect to settle the option value in cash.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 29, 2019
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Unrecognized Tax Benefits As of June 29, 2019 , we had gross unrecognized tax benefits of $5.1 (net unrecognized tax benefits of $2.7 ), of which $2.5 , if recognized, would impact our effective tax rate from continuing operations. We classify interest and penalties related to unrecognized tax benefits as a component of our income tax provision. As of June 29, 2019 , gross accrued interest totaled $0.4 (net accrued interest of $0.3 ), and there was no accrual for penalties included in our unrecognized tax benefits. Based on the outcome of certain examinations or as a result of the expiration of statutes of limitations for certain jurisdictions, we believe that within the next 12 months it is reasonably possible that our previously unrecognized tax benefits could decrease by $1.5 to $2.5 . The previously unrecognized tax benefits relate to transfer pricing matters. The unrecognized tax benefits described above represent amounts that were included in tax returns filed by the Company. Historically, a portion of the Company's operations were included in tax returns filed by SPX Corporation (the “ former Parent ” ) or its subsidiaries that were not part of our spin-off from the former Parent effected on September 26, 2015 (the “ Spin-Off ” ). As a result, some uncertain tax positions related to the Company's operations resulted in unrecognized tax benefits that are now potential obligations of the former Parent or its subsidiaries that were part of the Spin-Off. In addition, some of the Company's tax returns included the operations of the former Parent's subsidiaries that were not part of the Spin-Off. In certain of these cases, these subsidiaries' activities gave rise to unrecognized tax benefits for which the Company could be potentially liable. When required under the Income Taxes Topic of the Codification, we have recorded a liability for these uncertain tax positions within our condensed consolidated balance sheets. Other Tax Matters During the three months ended June 29, 2019 , we recorded an income tax provision of $11.5 on $23.0 of pre-tax income, resulting in an effective tax rate of 50.0% . This compares to an income tax provision for the three months ended June 30, 2018 of $8.2 on $22.9 of pre-tax income, resulting in an effective tax rate of 35.8% . The effective tax rate for the second quarter of 2019 was impacted by charges of (i) $4.9 resulting from losses occurring in certain jurisdictions where the tax benefit of those losses is not expected to be realized and (ii) $5.1 resulting from the addition of a valuation allowance for certain subsidiaries for which the benefit of previously incurred losses is not expected to be realized, which were partially offset by benefits of (i) $2.0 resulting from an outside basis difference from continuing operations that will be realized through the disposition of held-for-sale assets, (ii) $1.7 resulting from adjustments related to the German tax returns filed by certain of the Company’s subsidiaries and (iii) $1.0 resulting from the impact of a tax incentive received by one of the Company’s Chinese subsidiaries related to its 2018 tax return. The effective tax rate for the second quarter of 2018 was impacted by an income tax benefit of $2.3 resulting from the finalization of the transfer pricing analysis on intercompany transactions to be reported on tax returns of the Company and its subsidiaries, which was partially offset by income tax charges of (i) $0.8 resulting from a refinement of the transition tax calculation and (ii) $0.8 resulting from adjustments to the amount of foreign tax credits available to the Company arising from distributions of income tax under the transition tax provision of the Tax Act. During the six months ended June 29, 2019 , we recorded an income tax provision of $22.2 on $48.9 of pre-tax income, resulting in an effective tax rate of 45.4% . This compares to an income tax provision for the six months ended June 30, 2018 of $5.2 on $31.6 of pre-tax income, resulting in an effective tax rate of 16.5% . The effective tax rate for the first six months of 2019 was impacted by charges of (i) $7.0 resulting from losses occurring in certain jurisdictions where the tax benefit of those losses is not expected to be realized and (ii) $5.1 resulting from the addition of a valuation allowance for certain subsidiaries for which the benefit of previously incurred losses is not expected to be realized, which were partially offset by benefits of (i) $2.0 resulting from an outside basis difference from continuing operations that will be realized through the disposition of held-for-sale assets, (ii) $1.7 resulting from adjustments related to the German tax returns filed by certain of the Company’s subsidiaries and (iii) $1.0 resulting from the impact of a tax incentive received by one of the Company’s Chinese subsidiaries related to its 2018 tax return. During the six months ended June 30, 2018 , our income tax provision was impacted by income tax benefits of (i) $8.6 resulting from additional foreign tax credits available to the Company arising from distributions of income taxed under the transition tax provisions of the Tax Act and (ii) $2.3 resulting from the finalization of the transfer pricing analysis on intercompany transactions to be reported on tax returns of the Company and its subsidiaries, which were partially offset by income tax charges of (i) $2.6 resulting from a refinement of the transition tax calculation, (ii) $1.3 resulting from losses occurring in certain jurisdictions where the tax benefit of those losses is not expected to be realized, and (iii) $1.1 resulting from an increase to the liability for earnings not considered indefinitely reinvested caused by the changes to the transition tax calculation. During the fourth quarter of 2018, the U.S. Treasury issued additional guidance regarding a provision of the Tax Act which effectively eliminated the $8.6 benefit related to the foreign tax credits arising from distributions of income taxed under the transition tax provisions of the Tax Act and recorded in the six months ended June 30, 2018 as described above. Refer to the notes to our consolidated financial statements in our 2018 Annual Report on Form 10-K for additional information regarding the Tax Act and its impact on our income tax provision. We review our income tax positions on a continuous basis and record unrecognized tax benefits for potential uncertain positions when we determine that an uncertain position meets the criteria of the Income Taxes Topic of the Codification. As events change and resolutions occur, adjustments are made to amounts previously provided, such as in the case of audit settlements with taxing authorities. In connection with the Spin-Off, we and the former Parent entered into a Tax Matters Agreement which, among other matters, addresses the allocation of certain tax adjustments that might arise upon examination of the 2013, 2014 and the pre-Spin-Off portion of the 2015 federal income tax returns of the former Parent. Of these returns, the 2014 and pre-Spin-Off portion of the 2015 federal income tax returns are currently under audit, and we believe any contingencies have been adequately provided for. State income tax returns generally are subject to examination for a period of three to five years after filing the respective tax returns. The impact on such tax returns of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the states. We have a limited number of state income tax returns in the process of examination. We believe any uncertain tax positions related to these examinations have been appropriately reflected as unrecognized tax benefits. We have various non-U.S. income tax returns under examination. The most significant of these is the examination in Germany for the 2010 through 2014 tax years. We expect this examination will conclude in 2019. We believe that any uncertain tax positions related to these examinations have been appropriately reflected as unrecognized tax benefits. An unfavorable resolution of one or more of the above matters could have a material adverse effect on our results of operations or cash flows in the quarter and year in which an adjustment is recorded or the tax is due or paid. As audits and examinations are still in process or we have not yet reached the final stages of the appeals process, the timing of the ultimate resolution and any payments that may be required for the above matters cannot be determined at this time.

FAIR VALUE

FAIR VALUE	6 Months Ended
	Jun. 29, 2019
Fair Value Disclosures [Abstract]
FAIR VALUE	FAIR VALUE Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. In the absence of active markets for the identical assets or liabilities, such measurements involve developing assumptions based on market observable data and, in the absence of such data, internal information consistent with what market participants would use in a hypothetical transaction that occurs at the measurement date. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect our market assumptions. Preference is given to observable inputs. These two types of inputs create the following fair value hierarchy: • Level 1 — Quoted prices for identical instruments in active markets. • Level 2 — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level 3 — Significant inputs to the valuation model are unobservable. There were no changes during the periods presented to the valuation techniques we use to measure asset and liability fair values on a recurring basis. There were no transfers between the three levels of the fair value hierarchy during the periods presented. The following section describes the valuation methodologies we use to measure different financial instruments at fair value on a recurring basis. Derivative Financial Instruments Our derivative financial assets and liabilities include FX forward contracts and FX embedded derivatives, valued using valuation models based on observable market inputs such as forward rates, interest rates, our own credit risk and the credit risk of our counterparties, which comprise investment-grade financial institutions. Based on these inputs, the derivative assets and liabilities are classified within Level 2 of the valuation hierarchy. We have not made any adjustments to the inputs obtained from the independent sources. Based on our continued ability to enter into forward contracts, we consider the markets for our fair value instruments active. We primarily use the income approach, which uses valuation techniques to convert future amounts to a single present amount. As of June 29, 2019 and December 31, 2018 , the gross fair values of our derivative financial assets and liabilities, in aggregate, were $0.3 and $0.7 (gross assets) and $0.1 and $0.2 (gross liabilities), respectively. As of June 29, 2019 , there had been no significant impact to the fair value of our derivative liabilities due to our own credit risk as the related instruments are collateralized under our senior credit facilities. Similarly, there had been no significant impact to the fair value of our derivative assets based on our evaluation of our counterparties’ credit risks. Equity Security Investment In connection with an adoption of new accounting guidance, we adjusted an investment in an equity security from its historical cost to estimated fair value during the fourth quarter of 2018. Utilizing a practical expedient, the fair value of our equity security was based on our ownership percentage, applied to the net asset value derived from the investee's most currently issued, audited financial statements at that time. Our investment in the equity security is reflected at its net asset value in “other assets” in our condensed consolidated balance sheets as of June 29, 2019 and December 31, 2018 and the increase in our investment, based on the equity security’s most recently determined net asset value, is reflected in “ Other income (expense), net ” in our condensed consolidated statements of operations during the three and six months ended June 29, 2019 . We are restricted from transferring this investment without approval of the manager of the investee. The table below represents a reconciliation of our investment in the equity security, measured at net asset value using a practical expedient to fair value guidance, for the six months ended June 29, 2019 , including the increase in net asset value recorded to “Other income (expense), net.” As noted above, this investment was recognized at its historical cost until the fourth quarter of 2018. Six months ended June 29, 2019 Balance at beginning of year $ 16.6 Increase in net asset value recorded to earnings 7.8 Proceeds received from partial distribution of investee (2.6 ) Balance at end of period $ 21.8 Mezzanine Equity To the extent the noncontrolling interests' put option price is correlated with the estimated fair value of the subsidiary, we use the market method to estimate the fair values of noncontrolling interest put options reported in “ Mezzanine equity ” using unobservable inputs (Level 3) on a recurring basis. Changes to the noncontrolling interest put option values are reflected as adjustments to “ Mezzanine equity ” and “ Accumulated deficit. ” Refer to Note 12 for further discussion. Goodwill, Indefinite-Lived Intangible and Other Long-Lived Assets Certain of our non-financial assets are subject to impairment analysis, including long-lived assets, indefinite-lived intangible assets and goodwill. We review the carrying amounts of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable or at least annually for indefinite-lived intangible assets and goodwill. Any resulting impairment would require that the asset be recorded at its fair value. At June 29, 2019 , we did not have any significant non-financial assets or liabilities that were required to be measured at fair value on a recurring or non-recurring basis. Refer to Note 7 for further discussion pertaining to our annual evaluation of goodwill and other intangible assets for impairment. Indebtedness and Other The estimated fair values of other financial liabilities (excluding finance leases and deferred financing fees) not measured at fair value on a recurring basis as of June 29, 2019 and December 31, 2018 were as follows: June 29, 2019 December 31, 2018 Carrying Amount Fair Value Carrying Amount Fair Value Domestic revolving loan facility (1) $ 15.0 $ 15.0 $ — $ — Term loan (1) 100.0 100.0 — — Former term loan (1) — — 140.0 140.0 5.625% Senior notes (1) 300.0 312.0 300.0 283.5 5.875% Senior notes (1) 300.0 315.0 300.0 279.4 Other indebtedness 23.5 23.5 25.9 25.9 (1) Carrying amount reflected herein excludes related deferred financing fees. The following methods and assumptions were used in estimating the fair value of these financial instruments: • The fair values of the senior notes were determined using Level 2 inputs within the fair value hierarchy and were based on quoted market prices for the same or similar instruments or on current rates offered to us for debt with similar maturities, subordination and credit default expectations. • The fair values of amounts outstanding under our domestic revolving loan facility and term loans approximated carrying value due primarily to the variable-rate nature and credit spread of these instruments, when compared to other similar instruments. • The fair values of other indebtedness approximated carrying value due primarily to the short-term nature of these instruments. The carrying amounts of cash and equivalents, receivables and contract assets reported in our condensed consolidated balance sheets as of June 29, 2019 and December 31, 2018

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 29, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	We prepared the condensed consolidated financial statements pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”) for interim reporting. As permitted under those rules and regulations, certain footnotes or other financial information normally required by accounting principles generally accepted in the United States (“GAAP”) can be condensed or omitted. The financial statements represent our accounts after the elimination of intercompany transactions and, in our opinion, include the adjustments (consisting only of normal and recurring items) necessary for their fair presentation. Preparing financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from these estimates. The unaudited information included in this Quarterly Report on Form 10-Q should be read in conjunction with the consolidated financial statements contained in our 2018 Annual Report on Form 10-K. Interim results are not necessarily indicative of full year results and the condensed consolidated financial statements may not be indicative of the Company’s future performance. We have reclassified certain prior year amounts, including the results of discontinued operations and reportable segment information, to conform to the current year presentation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations. See Note 3 for information on discontinued operations and Note 4 for information on our reportable segments. In addition, amounts previously captioned “Special Charges” in our condensed consolidated financial statements included in our second quarter 2018 Quarterly Report on Form 10-Q are now reported under the caption “Restructuring and other related charges” to conform to the current year presentation. We establish actual interim closing dates using a fiscal calendar, which requires our businesses to close their books on the Saturday closest to the end of the first calendar quarter, with the second and third quarters being 91 days in length. Our fourth quarter ends on December 31. The interim closing dates for the first, second and third quarters of 2019 are March 30, June 29, and September 28, compared to the respective March 31, June 30, and September 29, 2018 dates. We had one less day in the first quarter of 2019 and will have one more day in the fourth quarter of 2019 than in the respective 2018 periods.
Revenue Recognition	Revenue Recognition Contract Balances: Contract assets include unbilled amounts typically resulting from sales under contracts recognized over time when the cost-to-cost method of revenue recognition is utilized and revenue recognized exceeds the amount billed to the customer, and right to payment is not just subject to the passage of time. Contract assets are generally classified as current, as we expect to bill the amounts within the next twelve months. Contract liabilities include billings in excess of revenue under contracts recognized over time and advance payments received from customers related to product sales (unearned revenue). We classify contract liabilities generally as a current liability, as we expect to recognize the related revenue within the next twelve months. Our contract assets and liabilities are reported on a contract-by-contract basis at the end of each reporting period. Our contract accounts receivable, assets and liabilities, and changes in such balances, were as follows: June 29, 2019 December 31, 2018 Change (1) Contract accounts receivable (2) $ 245.9 $ 263.9 $ (18.0 ) Contract assets 30.1 33.8 (3.7 ) Contract liabilities (108.8 ) (136.4 ) 27.6 Net contract balance $ 167.2 $ 161.3 $ 5.9 (1) The $5.9 increase in our net contract balance from December 31, 2018 to June 29, 2019 was primarily due to the timing of advance and milestone payments received on certain Food and Beverage contracts recognized over time, and of performance obligations satisfied and the related revenue recognized on such contracts. (2) Included in “Accounts receivable, net” in our condensed consolidated balance sheets. Amounts are presented before consideration of the allowance for uncollectible accounts. During the three and six months ended June 29, 2019 , we recognized revenues of $24.3 and $76.8 , respectively, related to contract liabilities outstanding as of December 31, 2018 . Remaining Performance Obligations: Remaining performance obligations represent the transaction price of orders for which (i) control of goods or services has not been transferred to the customer or we have not otherwise met our performance obligations, or (ii) where revenue is accounted for over time, proportional costs have not yet been incurred. Such remaining performance obligations exclude unexercised contract options and potential orders under “blanket order” contracts (e.g., with indefinite delivery dates or quantities). As of June 29, 2019 , the aggregate amount of our remaining performance obligations was $527.6 . The Company expects to recognize revenue on approximately 94% and substantially all of our remaining performance obligations within the next 12 and 24 months, respectively.
New Accounting Pronouncements	The following is a summary of new accounting pronouncements that apply or may apply to our business. New Lease Pronouncement Effects of Adoption - In February 2016, and as subsequently amended, the Financial Accounting Standards Board (the “FASB”) issued a new standard which requires a lessee to recognize on its balance sheet the assets and liabilities associated with the rights and obligations created by leases. Leases will continue to be classified as either financing or operating, with classification affecting the recognition, measurement and presentation of costs and cash flows arising from a lease. We adopted the standard effective January 1, 2019 using the modified retrospective adoption method which allowed us to initially apply the new standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of accumulated deficit. In connection with our adoption of the new lease pronouncement, we recorded a charge to accumulated deficit of $8.5 , reflecting the effects of (1) an impairment of a right-of-use (“ROU”) asset resulting from the rationalization of a business in our Food and Beverage segment during the fourth quarter of 2018 and, to a lesser extent, (2) the reclassification of a former capital lease to an operating lease. See Note 5 for additional information regarding the rationalization of the Food and Beverage business. We have elected to use the practical expedient package that allows us to not reassess: (1) whether any expired or existing contracts are or contain leases, (2) lease classification for any expired or existing leases and (3) initial direct costs for any expired or existing leases. We additionally elected to use the practical expedients that allow lessees to: (1) treat the lease and non-lease components of leases as a single lease component for all of our leases and (2) not recognize on our balance sheet leases with terms less than twelve months. We determine if an arrangement is a lease at inception. We lease certain manufacturing facilities, warehouses, administrative offices, sales and service locations, machinery and equipment, vehicles and office equipment under operating leases. Under the new standard, operating leases result in the recognition of ROU assets and lease liabilities on the consolidated balance sheet. ROU assets represent our right to use the leased asset for the lease term and lease liabilities represent our obligation to make lease payments. Under the new standard, operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, upon adoption of the new standard, we used our country-specific estimated incremental borrowing rate based on the information available, including lease term, as of January 1, 2019 to determine the present value of lease payments. Operating lease ROU assets are adjusted for any lease payments made prior to January 1, 2019 and any lease incentives. Certain of our leases may include options to extend or terminate the original lease term. We generally conclude that we are not reasonably certain to exercise these options due primarily to the length of the original lease term and our assessment that economic incentives are not reasonably certain to be realized. Operating lease expense under the new standard is recognized on a straight-line basis over the lease term. We have lease agreements with lease and non-lease components and, as noted above, we account for the lease and non-lease components as a single lease component under the new standard. Our current finance lease obligations consist primarily of manufacturing facility leases. Upon adoption of the new standard, we reclassified a single lease from capital to operating based on specific transition requirements for build-to-suit arrangements recognized as capital leases under the prior accounting standard. Upon derecognizing the former capital lease asset and liability, we determined the lease to be operating under the new standard. Refer to the “Summary of Effects of Lease Accounting Standard Update Adopted in First Quarter of 2019” below for further details. Leases accounted for under the new standard have initial remaining lease terms of one to 15 years. Certain of our lease agreements include rental payments adjusted periodically for inflation. Our lease agreements do not contain any material residual value guarantees or material restrictive covenants. The components of operating and finance lease ROU assets and liabilities as of June 29, 2019 were as follows: June 29, 2019 Balance Sheet Caption in Which Balance is Reported Finance lease ROU assets $ 0.3 Property, plant and equipment, net Operating lease ROU assets 49.8 Other assets Current portion of operating lease liabilities 15.6 Accrued expenses Current portion of finance lease liabilities 0.1 Current maturities of long-term debt Long-term finance lease liabilities 0.5 Long-term debt Long-term operating lease liabilities 41.3 Other long-term liabilities The components of lease expense for the three and six months ended June 29, 2019 were as follows: Three months ended Six months ended June 29, 2019 (1) June 29, 2019 (1) Operating lease cost (2) $ 4.2 9.2 Short-term lease cost (2) 0.9 1.2 Variable lease cost (2) 0.1 0.5 Total lease cost $ 5.2 $ 10.9 (1) Finance lease costs, including amortization of finance lease ROU assets and interest on finance lease liabilities, were less than $0.1 individually, for the three and six months ended June 29, 2019 . (2) Included in “ Cost of products sold ” and “ Selling, general and administrative ” in our condensed consolidated statement of operations. The future lease payments under operating and finance leases with initial remaining terms in excess of one year as of June 29, 2019 were as follows: Year Ending December 31, Operating leases Finance leases Total 2019 $ 8.8 $ 0.1 $ 8.9 2020 15.2 0.2 15.4 2021 10.8 0.1 10.9 2022 7.6 0.1 7.7 2023 5.6 0.1 5.7 2024 4.6 0.1 4.7 Thereafter 12.9 — 12.9 Total lease payments 65.5 0.7 66.2 Less: interest (8.6 ) (0.1 ) (8.7 ) Present value of lease liabilities $ 56.9 $ 0.6 $ 57.5 The future lease payments under operating and capital leases as of December 31, 2018 were as follows: Year Ending December 31, Operating leases Capital leases 2019 $ 19.0 $ 1.0 2020 14.0 1.0 2021 9.5 1.0 2022 6.1 1.0 2023 4.5 1.0 Thereafter 14.8 2.9 Total lease payments $ 67.9 7.9 Less: interest (0.7 ) Present value of lease liabilities $ 7.2 Key assumptions used in accounting for our operating and finance leases as of June 29, 2019 were as follows: June 29, 2019 Weighted-average remaining lease term (years): Operating leases 6.1 Finance leases 4.7 Weighted-average discount rate: Operating leases 4.65 % Finance leases 5.32 % Cash flows and non-cash activities related to our operating and finance leases for the six months ended June 29, 2019 were as follows: Six months ended June 29, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows paid for operating leases $ 9.5 Operating cash flows paid for finance leases — Financing cash flows paid for finance leases 0.1 Non-cash activities: Operating lease ROU assets obtained in exchange for new operating lease liabilities 2.5 Finance lease ROU assets obtained in exchange for new finance lease liabilities 0.3 Summary of Effects of Lease Accounting Standard Update Adopted in First Quarter of 2019 The cumulative effects of the changes made to our condensed consolidated balance sheet as of the beginning of the first quarter of 2019 as a result of the adoption of the accounting standard update on leases, including those included in continuing operations and discontinued operations, were as follows: Effects of adoption of lease accounting standard update related to: Balance Sheet As filed December 31, 2018 Recognition of Operating Leases Reclassification of Capital Lease to Operating Lease Impairment of Operating Lease ROU Asset Total effects of adoption With effect of lease accounting standard update January 1, 2019 Assets Other current assets $ 33.3 $ (0.9 ) $ — $ — $ (0.9 ) $ 32.4 Assets of discontinued operations - current 244.4 (0.3 ) — — (0.3 ) 244.1 Buildings and leasehold improvements 175.5 — (7.2 ) — (7.2 ) 168.3 Accumulated depreciation (284.9 ) — 0.7 — 0.7 (284.2 ) Other assets 111.1 57.2 5.8 (8.4 ) 54.6 165.7 Assets of discontinued operations - long-term 412.4 14.6 — — 14.6 427.0 Liabilities Accrued expenses 149.0 16.1 0.9 — 17.0 166.0 Current maturities of long-term debt 20.8 — (0.7 ) — (0.7 ) 20.1 Liabilities of discontinued operations - current 133.4 4.1 — — 4.1 137.5 Long-term debt 718.3 — (6.1 ) — (6.1 ) 712.2 Other long-term liabilities 67.5 40.2 5.3 — 45.5 113.0 Liabilities of discontinued operations - long-term 60.6 10.2 — — 10.2 70.8 Equity Accumulated deficit (265.6 ) — (0.1 ) (8.4 ) (8.5 ) (274.1 ) Other New Accounting Pronouncements In June 2016, and as subsequently amended, the FASB issued an amendment on the measurement of credit losses. This amendment requires companies to estimate all expected credit losses for certain types of financial instruments, including trade receivables, held at the reporting date based on historical experience, current conditions and reasonable and supportable forecasts. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In March 2018, the FASB issued an amendment to update the Codification and XBRL Taxonomy as a result of the Tax Cuts and Jobs Act (the “Tax Act”), and to incorporate the Staff Accounting Bulletin 118 (“SAB 118”) as released by the SEC, which provides guidance for companies that are not able to complete their accounting for the income tax effects of the Tax Act in the period of enactment. This amendment was effective for interim and annual reporting periods beginning after December 15, 2018. The Company completed its accounting for the impact of this tax reform legislation as of December 31, 2018. Our adoption of this amendment had no impact on our condensed consolidated financial statements in the first six months of 2019. In August 2018, the FASB issued an amendment to modify the disclosure requirements related to fair value measurements. This amendment removes, modifies and adds certain disclosures required under current guidance. For example, the amendment removes the requirements to disclose the amount of and reason for transfers between Level 1 and Level 2 of the fair value hierarchy as well as the policy for timing of transfers between levels, and requires certain additional disclosures related to Level 3 fair value measurements. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In August 2018, the FASB issued an amendment to align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal use software license). Among other changes in requirements, the amendments in this update also require an entity to expense the capitalized implementation costs of a hosting arrangement that is a service contract over the term of the hosting arrangement. This amendment is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements. In August 2018, the FASB issued an amendment to modify the disclosure requirements related to defined benefit plans. This amendment removes, clarifies and adds certain disclosures required under current guidance. For example, the amendment removes the requirement to disclose the effects of a one-percentage point change in assumed health care cost trend rates on postretirement benefit obligations and service and interest cost components of periodic benefit costs, and requires an explanation of the reasons for significant gains and losses related to changes in the benefit obligation for the period. This amendment is effective for interim and annual reporting periods beginning after December 15, 2020, with early adoption permitted. The Company is evaluating the impact this amendment may have on its condensed consolidated financial statements.

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	6 Months Ended
	Jun. 29, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Contract assets and liabilities and changes in balances	Our contract accounts receivable, assets and liabilities, and changes in such balances, were as follows: June 29, 2019 December 31, 2018 Change (1) Contract accounts receivable (2) $ 245.9 $ 263.9 $ (18.0 ) Contract assets 30.1 33.8 (3.7 ) Contract liabilities (108.8 ) (136.4 ) 27.6 Net contract balance $ 167.2 $ 161.3 $ 5.9 (1) The $5.9 increase in our net contract balance from December 31, 2018 to June 29, 2019 was primarily due to the timing of advance and milestone payments received on certain Food and Beverage contracts recognized over time, and of performance obligations satisfied and the related revenue recognized on such contracts. (2) Included in “Accounts receivable, net” in our condensed consolidated balance sheets. Amounts are presented before consideration of the allowance for uncollectible accounts.

NEW ACCOUNTING PRONOUNCEMENTS (

NEW ACCOUNTING PRONOUNCEMENTS (Tables)	6 Months Ended
	Jun. 29, 2019
Accounting Changes and Error Corrections [Abstract]
Components of lease assets and liabilities	The components of operating and finance lease ROU assets and liabilities as of June 29, 2019 were as follows: June 29, 2019 Balance Sheet Caption in Which Balance is Reported Finance lease ROU assets $ 0.3 Property, plant and equipment, net Operating lease ROU assets 49.8 Other assets Current portion of operating lease liabilities 15.6 Accrued expenses Current portion of finance lease liabilities 0.1 Current maturities of long-term debt Long-term finance lease liabilities 0.5 Long-term debt Long-term operating lease liabilities 41.3 Other long-term liabilities
Components of lease expense and cash flows	Key assumptions used in accounting for our operating and finance leases as of June 29, 2019 were as follows: June 29, 2019 Weighted-average remaining lease term (years): Operating leases 6.1 Finance leases 4.7 Weighted-average discount rate: Operating leases 4.65 % Finance leases 5.32 % Cash flows and non-cash activities related to our operating and finance leases for the six months ended June 29, 2019 were as follows: Six months ended June 29, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows paid for operating leases $ 9.5 Operating cash flows paid for finance leases — Financing cash flows paid for finance leases 0.1 Non-cash activities: Operating lease ROU assets obtained in exchange for new operating lease liabilities 2.5 Finance lease ROU assets obtained in exchange for new finance lease liabilities 0.3 The components of lease expense for the three and six months ended June 29, 2019 were as follows: Three months ended Six months ended June 29, 2019 (1) June 29, 2019 (1) Operating lease cost (2) $ 4.2 9.2 Short-term lease cost (2) 0.9 1.2 Variable lease cost (2) 0.1 0.5 Total lease cost $ 5.2 $ 10.9 (1) Finance lease costs, including amortization of finance lease ROU assets and interest on finance lease liabilities, were less than $0.1 individually, for the three and six months ended June 29, 2019 . (2) Included in “ Cost of products sold ” and “ Selling, general and administrative ” in our condensed consolidated statement of operations.
Operating lease, maturity of lease liability	The future lease payments under operating and finance leases with initial remaining terms in excess of one year as of June 29, 2019 were as follows: Year Ending December 31, Operating leases Finance leases Total 2019 $ 8.8 $ 0.1 $ 8.9 2020 15.2 0.2 15.4 2021 10.8 0.1 10.9 2022 7.6 0.1 7.7 2023 5.6 0.1 5.7 2024 4.6 0.1 4.7 Thereafter 12.9 — 12.9 Total lease payments 65.5 0.7 66.2 Less: interest (8.6 ) (0.1 ) (8.7 ) Present value of lease liabilities $ 56.9 $ 0.6 $ 57.5
Finance lease, maturity of lease liability	The future lease payments under operating and finance leases with initial remaining terms in excess of one year as of June 29, 2019 were as follows: Year Ending December 31, Operating leases Finance leases Total 2019 $ 8.8 $ 0.1 $ 8.9 2020 15.2 0.2 15.4 2021 10.8 0.1 10.9 2022 7.6 0.1 7.7 2023 5.6 0.1 5.7 2024 4.6 0.1 4.7 Thereafter 12.9 — 12.9 Total lease payments 65.5 0.7 66.2 Less: interest (8.6 ) (0.1 ) (8.7 ) Present value of lease liabilities $ 56.9 $ 0.6 $ 57.5
Schedule of future lease payments under operating leases	The future lease payments under operating and capital leases as of December 31, 2018 were as follows: Year Ending December 31, Operating leases Capital leases 2019 $ 19.0 $ 1.0 2020 14.0 1.0 2021 9.5 1.0 2022 6.1 1.0 2023 4.5 1.0 Thereafter 14.8 2.9 Total lease payments $ 67.9 7.9 Less: interest (0.7 ) Present value of lease liabilities $ 7.2
Schedule of future lease payments under capital leases	The future lease payments under operating and capital leases as of December 31, 2018 were as follows: Year Ending December 31, Operating leases Capital leases 2019 $ 19.0 $ 1.0 2020 14.0 1.0 2021 9.5 1.0 2022 6.1 1.0 2023 4.5 1.0 Thereafter 14.8 2.9 Total lease payments $ 67.9 7.9 Less: interest (0.7 ) Present value of lease liabilities $ 7.2
Impact of adoption on financial statements	The cumulative effects of the changes made to our condensed consolidated balance sheet as of the beginning of the first quarter of 2019 as a result of the adoption of the accounting standard update on leases, including those included in continuing operations and discontinued operations, were as follows: Effects of adoption of lease accounting standard update related to: Balance Sheet As filed December 31, 2018 Recognition of Operating Leases Reclassification of Capital Lease to Operating Lease Impairment of Operating Lease ROU Asset Total effects of adoption With effect of lease accounting standard update January 1, 2019 Assets Other current assets $ 33.3 $ (0.9 ) $ — $ — $ (0.9 ) $ 32.4 Assets of discontinued operations - current 244.4 (0.3 ) — — (0.3 ) 244.1 Buildings and leasehold improvements 175.5 — (7.2 ) — (7.2 ) 168.3 Accumulated depreciation (284.9 ) — 0.7 — 0.7 (284.2 ) Other assets 111.1 57.2 5.8 (8.4 ) 54.6 165.7 Assets of discontinued operations - long-term 412.4 14.6 — — 14.6 427.0 Liabilities Accrued expenses 149.0 16.1 0.9 — 17.0 166.0 Current maturities of long-term debt 20.8 — (0.7 ) — (0.7 ) 20.1 Liabilities of discontinued operations - current 133.4 4.1 — — 4.1 137.5 Long-term debt 718.3 — (6.1 ) — (6.1 ) 712.2 Other long-term liabilities 67.5 40.2 5.3 — 45.5 113.0 Liabilities of discontinued operations - long-term 60.6 10.2 — — 10.2 70.8 Equity Accumulated deficit (265.6 ) — (0.1 ) (8.4 ) (8.5 ) (274.1 )

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	6 Months Ended
	Jun. 29, 2019
Discontinued Operations and Disposal Groups [Abstract]
Summarized financial information for Discontinued Operations	Income from discontinued operations for the three and six months ended June 29, 2019 and June 30, 2018 was as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues $ 127.8 $ 124.7 $ 245.5 $ 246.1 Cost of products sold 86.0 87.8 172.6 171.9 Gross profit 41.8 36.9 72.9 74.2 Selling, general and administrative 24.0 20.5 45.4 41.5 Intangible amortization 1.0 1.0 1.9 2.0 Restructuring and other related charges — (0.8 ) — 1.0 Operating income 16.8 16.2 25.6 29.7 Other expense, net (0.6 ) (0.5 ) (1.4 ) (3.3 ) Interest expense, net (1) (3.3 ) (3.3 ) (6.4 ) (6.6 ) Income from discontinued operations before income taxes 12.9 12.4 17.8 19.8 Income tax benefit (provision) (2) 37.8 (3.7 ) 37.8 (7.5 ) Income from discontinued operations, net of tax 50.7 8.7 55.6 12.3 Less: Loss attributable to noncontrolling interests (0.5 ) — (0.2 ) (0.3 ) Income from discontinued operations, net of tax and noncontrolling interests $ 51.2 $ 8.7 $ 55.8 $ 12.6 (1) In addition to any business-specific interest expense and income, the interest expense, net, of discontinued operations reflects an allocation of interest expense, including the amortization of deferred financing fees, related to the Company’s senior notes, senior credit facilities and former trade receivables financing arrangement. Interest expense related to such debt instruments and allocated to discontinued operations was $3.3 and $3.4 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and $6.4 and $6.8 for the six-month periods then ended, respectively. The allocation of the Company’s interest expense of these debt instruments was determined based on the proportional amount of average net assets of the discontinued operations to the Company’s average net assets during each period, with the Company’s average net assets determined excluding the average outstanding borrowings under such debt instruments during each period. (2) During the three months ended June 29, 2019 , we recorded an income tax benefit of $37.8 on $12.9 of pre-tax income from discontinued operations, resulting in an effective tax rate of (293.0)% . This compares to an income tax provision for the three months ended June 30, 2018 of $3.7 on $12.4 of pre-tax income from discontinued operations, resulting in an effective tax rate of 29.8% . The effective tax rate for the second quarter of 2019 was impacted by a benefit of $40.6 resulting from basis differences that will be realized through the disposition of the held-for-sale assets. During the six months ended June 29, 2019 , we recorded an income tax benefit of $37.8 on $17.8 of pre-tax income from discontinued operations, resulting in an effective tax rate of (212.4)% . This compares to an income tax provision for the six months ended June 30, 2018 of $7.5 on $19.8 of pre-tax income from discontinued operations, resulting in an effective tax rate of 37.9% . The effective tax rate for the first six months of 2019 was impacted by a benefit of $40.6 resulting from basis differences that will be realized through the disposition of the held-for-sale assets. The effective tax rate for the first six months of 2018 was impacted by an expense of $1.1 resulting from an adjustment to the valuation allowance on certain deferred tax assets for which no benefit is expected to be recognized. The major classes of assets and liabilities, excluding intercompany balances, of the business reported as a discontinued operation included in the accompanying condensed consolidated balance sheets, were as follows: June 29, 2019 December 31, 2018 ASSETS Current assets: Cash and equivalents $ 16.8 $ 16.3 Accounts receivable, net 99.3 97.3 Contract assets 36.6 35.5 Inventories, net 80.0 84.3 Other current assets 9.3 11.0 Total current assets 242.0 244.4 Property, plant and equipment, net 81.6 84.2 Goodwill 194.8 193.9 Intangibles, net 91.5 93.1 Other assets (1) 54.1 41.2 Total long-term assets (2) 422.0 412.4 TOTAL ASSETS (2) $ 664.0 $ 656.8 LIABILITIES Current liabilities: Accounts payable $ 46.3 $ 46.7 Contract liabilities 30.0 38.5 Accrued expenses (1) 48.7 46.3 Income taxes payable 1.7 1.5 Current maturities of long-term debt 0.5 0.4 Total current liabilities 127.2 133.4 Long-term debt 3.7 3.8 Deferred and other income taxes 13.3 12.1 Other long-term liabilities (1) 54.1 44.7 Total long-term liabilities (2) 71.1 60.6 TOTAL LIABILITIES (2) $ 198.3 $ 194.0 (1) As of June 29, 2019 , “other assets” included $12.7 of operating lease ROU assets, “accrued expenses” included $4.0 of current portion of operating lease liabilities and “other long-term liabilities” included $9.0 of long-term operating lease liabilities, each related to the Company’s adoption of the new lease pronouncement effective January 1, 2019. (2) The total assets and liabilities of discontinued operations are classified in current assets and liabilities, respectively, in our condensed consolidated balance sheet as of June 29, 2019 , as our planned disposition of the discontinued operation is expected to occur within twelve months of that date. The assets and liabilities of discontinued operations are classified in their respective current or long-term classifications, respectively, in our condensed consolidated balance sheet as of December 31, 2018, in accordance with the nature and underlying classification of such assets and liabilities, as our planned disposition of the discontinued operations is not expected to occur within twelve months of that date. As of June 29, 2019 , management has evaluated indicators of fair value of the Company’s discontinued operations, including indications of fair value received to date from third parties in connection with the marketing of the business for sale. Based on management’s assessment, there were no indicators necessitating an interim impairment of the carrying value of the net assets, including relevant foreign currency translation adjustment balances, of the Company’s discontinued operations. The following table summarizes the significant non-cash operating items and capital expenditures reflected in cash flows of discontinued operations for the six months ended June 29, 2019 and June 30, 2018 : Six months ended June 29, 2019 June 30, 2018 Depreciation and amortization $ 7.8 $ 8.5 Capital expenditures (2.8 ) (4.1 )

INFORMATION ON REPORTABLE SEG_2

INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER (Tables)	6 Months Ended
	Jun. 29, 2019
Segment Reporting [Abstract]
Schedule of financial data for reportable segments	Financial data for our reportable segments for the three and six months ended June 29, 2019 and June 30, 2018 were as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues: Food and Beverage $ 178.6 $ 187.6 $ 351.1 $ 354.1 Industrial 206.8 218.9 407.7 421.3 Total revenues $ 385.4 $ 406.5 $ 758.8 $ 775.4 Income: Food and Beverage $ 14.0 $ 20.0 $ 32.5 $ 37.9 Industrial 30.7 28.5 59.2 47.5 Total income for reportable segments 44.7 48.5 91.7 85.4 Corporate expense (1) 12.9 14.0 26.7 30.1 Pension and postretirement service costs 0.2 0.3 0.4 0.6 Restructuring and other related charges 1.9 1.9 6.9 2.7 Consolidated operating income $ 29.7 $ 32.3 $ 57.7 $ 52.0 (1) Includes $1.5 and $2.0 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and $3.1 and $3.7 for the six month periods then ended, respectively, related to costs for certain centralized functions/services provided and/or administered by SPX FLOW that were previously charged to business units of which the related financial results of operations have been reclassified to discontinued operations. These centralized functions/services included, but were not limited to, information technology, shared services for accounting, payroll services, supply chain, and manufacturing and process improvement operations/services. These costs generally represent the costs of employees who provided such centralized functions/services to the business units reclassified as discontinued operations but who are expected to remain employees of SPX FLOW upon the planned disposition of the discontinued operations. Additionally, transaction-related costs of $1.1 associated with the Company's preparation to market the discontinued operations during the first quarter and six months ended June 29, 2019 have been reclassified from “Corporate expense” to “ Income from discontinued operations, net of tax .” Revenues recognized over time: The following table provides revenues recognized over time by reportable segment for the three and six months ended June 29, 2019 and June 30, 2018 : Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Revenues recognized over time: Food and Beverage $ 73.2 $ 81.4 $ 153.0 $ 144.0 Industrial 10.9 29.0 29.5 48.2 Total revenues recognized over time $ 84.1 $ 110.4 $ 182.5 $ 192.2
Disaggregation of revenue by reportable segments	The following tables provide disaggregated information about our OE, including Food and Beverage systems, and aftermarket revenues by reportable segment for the three and six months ended June 29, 2019 and June 30, 2018 : Three months ended June 29, 2019 Three months ended June 30, 2018 Original Equipment Aftermarket Total Revenues Original Equipment Aftermarket Total Revenues Food and Beverage $ 116.9 (1) $ 61.7 $ 178.6 $ 126.3 (1) $ 61.3 $ 187.6 Industrial 139.5 67.3 206.8 146.8 72.1 218.9 Total revenues $ 256.4 $ 129.0 $ 385.4 $ 273.1 $ 133.4 $ 406.5 (1) Includes $62.4 and $66.5 for the three months ended June 29, 2019 and June 30, 2018 , respectively, of revenue realized from the sale of highly engineered Food and Beverage systems. Six months ended June 29, 2019 Six months ended June 30, 2018 Original Equipment Aftermarket Total Revenues Original Equipment Aftermarket Total Revenues Food and Beverage $ 229.5 (1) $ 121.6 $ 351.1 $ 229.6 (1) $ 124.5 $ 354.1 Industrial 276.9 130.8 407.7 285.3 136.0 421.3 Total revenues $ 506.4 $ 252.4 $ 758.8 $ 514.9 $ 260.5 $ 775.4 (1) Includes $125.0 and $120.6 for the six months ended June 29, 2019 and June 30, 2018 , respectively, of revenue realized from the sale of highly engineered Food and Beverage systems.

RESTRUCTURING AND OTHER RELAT_2

RESTRUCTURING AND OTHER RELATED CHARGES (Tables)	6 Months Ended
	Jun. 29, 2019
Restructuring and Related Activities [Abstract]
Schedule of special charges, net	Restructuring and other related charges for the three and six months ended June 29, 2019 and June 30, 2018 were as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Food and Beverage $ 1.8 $ 0.6 $ 6.2 $ 0.7 Industrial 0.1 1.3 0.7 2.0 Total $ 1.9 $ 1.9 $ 6.9 $ 2.7
Schedule of the analysis of restructuring liabilities	The following is an analysis of our restructuring liabilities (included in “Accrued expenses” in our condensed consolidated balance sheets) for the six months ended June 29, 2019 and June 30, 2018 : Six months ended June 29, 2019 June 30, 2018 Balance at beginning of year $ 7.2 $ 10.7 Restructuring and other related charges (1) 6.6 2.7 Utilization — cash (3.3 ) (8.5 ) Currency translation adjustment and other — (0.2 ) Balance at end of period $ 10.5 $ 4.7 (1) Amounts that impacted restructuring and other related charges but not the restructuring liabilities included $0.3 of other related charges during the six months ended June 29, 2019 .

INVENTORIES, NET (Tables)

INVENTORIES, NET (Tables)	6 Months Ended
	Jun. 29, 2019
Inventory Disclosure [Abstract]
Schedule of inventories	Inventories at June 29, 2019 and December 31, 2018 comprised the following: June 29, 2019 December 31, 2018 Finished goods $ 90.9 $ 79.1 Work in process 58.3 57.3 Raw materials and purchased parts 91.3 91.3 Total FIFO cost 240.5 227.7 Excess of FIFO cost over LIFO inventory value (7.2 ) (7.2 ) Total inventories $ 233.3 $ 220.5

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 29, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill, by reportable segment	The changes in the carrying amount of goodwill by reportable segment during the six months ended June 29, 2019 were as follows: December 31, 2018 Impairments Foreign Currency Translation and Other June 29, 2019 Food and Beverage $ 261.5 $ — $ 0.9 $ 262.4 Industrial (1) 288.9 — (1.7 ) 287.2 Total $ 550.4 $ — $ (0.8 ) $ 549.6 (1) The carrying amount of goodwill included $133.3 and $133.6 of accumulated impairments as of June 29, 2019 and December 31, 2018 .
Schedule of finite-lived intangible assets	Identifiable intangible assets were as follows: June 29, 2019 December 31, 2018 Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets with determinable lives: Customer relationships $ 125.9 $ (94.3 ) $ 31.6 $ 125.8 $ (90.2 ) $ 35.6 Technology 62.1 (45.1 ) 17.0 62.1 (43.5 ) 18.6 Patents 5.6 (4.4 ) 1.2 5.7 (4.3 ) 1.4 Other 8.1 (8.1 ) — 8.1 (8.1 ) — 201.7 (151.9 ) 49.8 201.7 (146.1 ) 55.6 Trademarks with indefinite lives 163.7 — 163.7 163.6 — 163.6 Total $ 365.4 $ (151.9 ) $ 213.5 $ 365.3 $ (146.1 ) $ 219.2
Schedule of indefinite-lived intangible assets	Identifiable intangible assets were as follows: June 29, 2019 December 31, 2018 Gross Carrying Value Accumulated Amortization Net Carrying Value Gross Carrying Value Accumulated Amortization Net Carrying Value Intangible assets with determinable lives: Customer relationships $ 125.9 $ (94.3 ) $ 31.6 $ 125.8 $ (90.2 ) $ 35.6 Technology 62.1 (45.1 ) 17.0 62.1 (43.5 ) 18.6 Patents 5.6 (4.4 ) 1.2 5.7 (4.3 ) 1.4 Other 8.1 (8.1 ) — 8.1 (8.1 ) — 201.7 (151.9 ) 49.8 201.7 (146.1 ) 55.6 Trademarks with indefinite lives 163.7 — 163.7 163.6 — 163.6 Total $ 365.4 $ (151.9 ) $ 213.5 $ 365.3 $ (146.1 ) $ 219.2

EMPLOYEE BENEFIT PLANS (Tables)

EMPLOYEE BENEFIT PLANS (Tables)	6 Months Ended
	Jun. 29, 2019
Retirement Benefits [Abstract]
Schedule of net periodic benefit expense (income)	Net periodic benefit expense for our foreign pension plans and our domestic pension and postretirement plans for the three and six months ended June 29, 2019 and June 30, 2018 included the following components: Foreign Pension Plans Domestic Pension and Postretirement Plans Total Statement of Operations Caption in Which Expense is Reported Three months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Service cost $ 0.2 — $ — $ 0.3 $ 0.2 $ 0.3 Selling, general and administrative Interest cost 0.1 0.1 0.1 0.2 0.2 0.3 Other income (expense), net Recognized net actuarial loss (1) — 0.6 0.2 — 0.2 0.6 Other income (expense), net Total net periodic benefit expense $ 0.3 $ 0.7 $ 0.3 $ 0.5 $ 0.6 $ 1.2 Foreign Pension Plans Domestic Pension and Postretirement Plans Total Statement of Operations Caption in Which Expense is Reported Six Months Ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Service cost $ 0.4 0.1 $ — $ 0.5 $ 0.4 $ 0.6 Selling, general and administrative Interest cost 0.2 0.3 0.2 0.3 0.4 0.6 Other income (expense), net Recognized net actuarial loss (1) — 0.6 0.2 — 0.2 0.6 Other income (expense), net Total net periodic benefit expense $ 0.6 $ 1.0 $ 0.4 $ 0.8 $ 1.0 $ 1.8 (1) For the three and six months ended June 29, 2019 , the $0.2 charge reflects the effects of a partial settlement and remeasurement of our domestic pension plan, resulting from the lump sum payment of a former officer’s pension obligation during the second quarter of 2019. For the three and six months ended June 30, 2018 , the $0.6 charge represents a cumulative charge related to a change in the accounting for certain foreign benefit plans from defined contribution plans to defined benefit plans. These plans include approximately 50 active participants.

INDEBTEDNESS (Tables)

INDEBTEDNESS (Tables)	6 Months Ended
	Jun. 29, 2019
Debt Disclosure [Abstract]
Schedule of debt	Debt at June 29, 2019 and December 31, 2018 was comprised of the following: June 29, 2019 December 31, 2018 Domestic revolving loan facility $ 15.0 $ — Term loan, due in June 2022 100.0 — Former term loan (1) — 140.0 5.625% senior notes, due in August 2024 300.0 300.0 5.875% senior notes, due in August 2026 300.0 300.0 Other indebtedness (2) 24.1 33.1 Less: deferred financing fees (3) (7.5 ) (8.0 ) Total debt 731.6 765.1 Less: short-term debt 23.5 26.0 Less: current maturities of long-term debt 0.1 20.8 Total long-term debt $ 708.0 $ 718.3 (1) This formerly outstanding term loan was fully repaid during the three and six months ended June 29. 2019, as described further below under “Senior Credit Facilities.” (2) Primarily includes finance lease obligations (previously “capital lease obligations” in 2018 under prior accounting guidance) of $0.6 and $7.2 and balances under a purchase card program of $22.6 and $23.0 as of June 29, 2019 and December 31, 2018 , respectively. The purchase card program allows for payment beyond customary payment terms for goods and services acquired under the program. As this arrangement extends the payment of these purchases beyond their normal payment terms through third-party lending institutions, we have classified these amounts as short-term debt. See Note 2 for further discussion regarding our adoption of a new lease accounting standard during the first quarter of 2019 and the impact of such adoption on our capital lease obligations. (3) Deferred financing fees were comprised of fees related to the term loan and senior notes. As described further below under “Senior Credit Facilities,” we amended and restated our senior credit facilities in June 2019. In connection with this amendment, we recognized $1.0 of expense, classified as a component of “Interest expense, net” in our accompanying condensed consolidated statements of operations during the three and six months ended June 29, 2019, related to the write-off of deferred financing fees resulting from the extinguishment of the term loan and other facilities of our former senior credit facility.
Schedule of per annum fees	The per annum fees charged and the interest rate margins applicable to Eurodollar rate and alternate base rate loans are as follows: Consolidated Leverage Ratio Domestic Revolving Commitment Fee Global Revolving Commitment Fee Financial Letter of Credit Fee FCI Commitment Fee FCI Fee and Non-Financial Letter of Credit Fee Eurodollar Rate Loans ABR Loans Greater than or equal to 3.50 to 1.0 0.300% 0.300% 2.000% 0.300% 1.200% 2.000% 1.000% Between 3.50 to 1.0 and 2.50 to 1.0 0.275% 0.275% 1.750% 0.275% 1.050% 1.750% 0.750% Between 2.50 to 1.0 and 1.50 to 1.0 0.250% 0.250% 1.500% 0.250% 0.900% 1.500% 0.500% Less than 1.50 to 1.0 0.225% 0.225% 1.250% 0.225% 0.750% 1.250% 0.250%

EQUITY AND STOCK-BASED COMPEN_2

EQUITY AND STOCK-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 29, 2019
Equity [Abstract]
Schedule of weighted average shares outstanding used in computation of basic and diluted income (loss) per share	The following table sets forth the number of weighted-average shares outstanding used in the computation of basic and diluted income per share: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Weighted-average shares outstanding, basic 42.368 42.146 42.410 42.072 Dilutive effect of share-based awards 0.249 0.470 0.187 0.487 Weighted-average shares outstanding, dilutive (1) 42.617 42.616 42.597 42.559 (1) Unvested restricted stock shares/units not included in the computation of diluted income per share because required market thresholds for vesting (as discussed below) were not met, were 0.151 and 0.156 for the three and six months ended June 29, 2019 , respectively. Unvested restricted stock shares/units not included in the computation of diluted income per share because required internal performance thresholds for vesting (as discussed below) were not met, were 0.119 and 0.248 for the three months ended June 29, 2019 and June 30, 2018 , respectively, and 0.129 and 0.227 for the six months then ended. Stock options outstanding excluded from the computation of diluted income per share because their exercise price was greater than the average market price of common shares, were 0.342 for the three and six months ended June 29, 2019 and June 30, 2018 .
Schedule of compensation expense related to share-based programs recognized in selling, general and administrative expense	For the three and six months ended June 29, 2019 and June 30, 2018 , we recognized compensation expense related to share-based programs in “Selling, general and administrative” expense in the accompanying condensed consolidated statements of operations as follows: Three months ended Six months ended June 29, 2019 June 30, 2018 June 29, 2019 June 30, 2018 Stock-based compensation expense - continuing and discontinued operations $ 3.6 $ 4.0 6.8 9.1 Less: stock-based compensation expense recognized in discontinued operations 0.3 0.5 0.6 0.8 Stock-based compensation expense recognized in continuing operations 3.3 3.5 6.2 8.3 Income tax benefit (0.7 ) (0.9 ) (1.4 ) (2.0 ) Stock-based compensation expense, net of income tax benefit $ 2.6 $ 2.6 $ 4.8 $ 6.3
Summary of restricted stock share and restricted stock unit activity	The following table summarizes the unvested restricted stock share and restricted stock unit activity for the six months ended June 29, 2019 : Unvested Restricted Stock Shares and Restricted Stock Units Weighted-Average Grant-Date Fair Value Per Share Outstanding at December 31, 2018 1.176 $36.40 Granted 0.545 34.51 Vested (0.453) 32.92 Forfeited and other (0.242) 30.97 Outstanding at June 29, 2019 1.026 $38.21

FAIR VALUE (Tables)

FAIR VALUE (Tables)	6 Months Ended
	Jun. 29, 2019
Fair Value Disclosures [Abstract]
Reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)	The table below represents a reconciliation of our investment in the equity security, measured at net asset value using a practical expedient to fair value guidance, for the six months ended June 29, 2019 , including the increase in net asset value recorded to “Other income (expense), net.” As noted above, this investment was recognized at its historical cost until the fourth quarter of 2018. Six months ended June 29, 2019 Balance at beginning of year $ 16.6 Increase in net asset value recorded to earnings 7.8 Proceeds received from partial distribution of investee (2.6 ) Balance at end of period $ 21.8
Estimated fair values of other financial liabilities not measured at fair value on a recurring basis	The estimated fair values of other financial liabilities (excluding finance leases and deferred financing fees) not measured at fair value on a recurring basis as of June 29, 2019 and December 31, 2018 were as follows: June 29, 2019 December 31, 2018 Carrying Amount Fair Value Carrying Amount Fair Value Domestic revolving loan facility (1) $ 15.0 $ 15.0 $ — $ — Term loan (1) 100.0 100.0 — — Former term loan (1) — — 140.0 140.0 5.625% Senior notes (1) 300.0 312.0 300.0 283.5 5.875% Senior notes (1) 300.0 315.0 300.0 279.4 Other indebtedness 23.5 23.5 25.9 25.9 (1) Carrying amount reflected herein excludes related deferred financing fees.

BASIS OF PRESENTATION - Narrat

BASIS OF PRESENTATION - Narrative (Details) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 29, 2019USD ($)	Jun. 29, 2019USD ($)segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of business segments | segment		2
Revenue recognized related to contract liabilities outstanding | $	$ 24.3	$ 76.8

BASIS OF PRESENTATION - Schedul

BASIS OF PRESENTATION - Schedule of Contract Balances (Details) $ in Millions	6 Months Ended
	Jun. 29, 2019USD ($)
Increase (Decrase) In Contract With Customer Assets And Liabilities [Roll Forward]
Contract accounts receivable	$ 263.9
Change in contract accounts receivable	(18)
Contract accounts receivable	245.9
Contract assets	33.8
Change in contract assets	(3.7)
Contract assets	30.1
Contract liabilities	136.4
Change in contract liabilities	27.6
Contract liabilities	108.8
Net contract balance	(161.3)
Change in net contract liabilities	5.9
Net contract balance	$ (167.2)

BASIS OF PRESENTATION - Remaini

BASIS OF PRESENTATION - Remaining Performance Obligation (Details) $ in Millions	Jun. 29, 2019USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remaining performance obligation	$ 527.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-06-30
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Remaining performance obligation, percentage	94.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, period	1 year

NEW ACCOUNTING PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS - Narrative (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Jan. 01, 2019	Dec. 31, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit	$ (192)	$ (274.1)	$ (265.6)
ASU 2016-02
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit		$ (8.5)
Minimum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Remaining lease terms	1 year
Maximum
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Remaining lease terms	15 years

NEW ACCOUNTING PRONOUNCEMENTS -

NEW ACCOUNTING PRONOUNCEMENTS - Components of Lease Assets and Liabilities (Details) $ in Millions	Jun. 29, 2019USD ($)
Accounting Changes and Error Corrections [Abstract]
Finance lease ROU assets	$ 0.3
Operating lease ROU assets	49.8
Current portion of operating lease liabilities	15.6
Current portion of finance lease liabilities	0.1
Long-term finance lease liabilities	0.5
Long-term operating lease liabilities	$ 41.3

NEW ACCOUNTING PRONOUNCEMENTS_2

NEW ACCOUNTING PRONOUNCEMENTS - Components of Lease Expenses (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 29, 2019	Jun. 29, 2019
Accounting Changes and Error Corrections [Abstract]
Operating lease cost	$ 4.2	$ 9.2
Short-term lease cost	0.9	1.2
Variable lease cost	0.1	0.5
Total lease cost	5.2	10.9
Amortization of ROU assets	0.1	0.1
Interest on finance lease liabilities	$ 0.1	$ 0.1

NEW ACCOUNTING PRONOUNCEMENTS_3

NEW ACCOUNTING PRONOUNCEMENTS - Schedule of Lease Liability, Maturity (Details) - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Operating leases
2019	$ 8.8
2020	15.2
2021	10.8
2022	7.6
2023	5.6
2024	4.6
Thereafter	12.9
Total lease payments	65.5
Less: interest	(8.6)
Present value of lease liabilities	56.9
Finance leases
2019	0.1
2020	0.2
2021	0.1
2022	0.1
2023	0.1
2024	0.1
Thereafter	0
Total lease payments	0.7
Less: interest	(0.1)
Present value of lease liabilities	0.6
Total
2019	8.9
2020	15.4
2021	10.9
2022	7.7
2023	5.7
2024	4.7
Thereafter	12.9
Total lease payments	66.2
Less: interest	(8.7)
Present value of lease liabilities	$ 57.5
Operating leases
2019		$ 19
2020		14
2021		9.5
2022		6.1
2023		4.5
Thereafter		14.8
Total lease payments		67.9
Capital leases
2019		1
2020		1
2021		1
2022		1
2023		1
Thereafter		2.9
Total lease payments		7.9
Less: interest		(0.7)
Present value of lease liabilities		$ 7.2

NEW ACCOUNTING PRONOUNCEMENTS_4

NEW ACCOUNTING PRONOUNCEMENTS - Schedule of Lease Terms and Discount Rate (Details)	Jun. 29, 2019
Weighted Average Remaining Lease Terms [Abstract]
Operating leases	6 years 1 month 6 days
Finance leases	4 years 8 months 12 days
Weighted-Average Discount Rate [Abstract]
Operating leases	4.65%
Finance leases	5.32%

NEW ACCOUNTING PRONOUNCEMENTS_5

NEW ACCOUNTING PRONOUNCEMENTS - Other Information (Details) $ in Millions	6 Months Ended
	Jun. 29, 2019USD ($)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows paid for operating leases	$ 9.5
Operating cash flows paid for finance leases	0
Financing cash flows paid for finance leases	0.1
Non-cash activities:
Operating lease ROU assets obtained in exchange for new operating lease liabilities	2.5
Finance lease ROU assets obtained in exchange for new finance lease liabilities	$ 0.3

NEW ACCOUNTING PRONOUNCEMENTS_6

NEW ACCOUNTING PRONOUNCEMENTS - Cumulative Effects as a Result of Adoption of New Accounting Standards Update (Details) - USD ($) $ in Millions	Jun. 29, 2019	Jan. 01, 2019	Dec. 31, 2018
Assets
Other current assets	$ 21.3	$ 32.4	$ 33.3
Assets of discontinued operations - current	664	244.1	244.4
Buildings and leasehold improvements	170.7	168.3	175.5
Accumulated depreciation	(292.6)	(284.2)	(284.9)
Other assets	172.7	165.7	111.1
Assets of discontinued operations - long-term	0	427	412.4
LIABILITIES
Accrued expenses	155.1	166	149
Current maturities of long-term debt	0.1	20.1	20.8
Liabilities of discontinued operations - current	198.3	137.5	133.4
Long-term debt	708	712.2	718.3
Other long-term liabilities	107.9	113	67.5
Liabilities of discontinued operations - long-term	0	70.8	60.6
Equity
Accumulated deficit	$ (192)	(274.1)	$ (265.6)
ASU 2016-02
Assets
Other current assets		(0.9)
Assets of discontinued operations - current		(0.3)
Buildings and leasehold improvements		(7.2)
Accumulated depreciation		0.7
Other assets		54.6
Assets of discontinued operations - long-term		14.6
LIABILITIES
Accrued expenses		17
Current maturities of long-term debt		(0.7)
Liabilities of discontinued operations - current		4.1
Long-term debt		(6.1)
Other long-term liabilities		45.5
Liabilities of discontinued operations - long-term		10.2
Equity
Accumulated deficit		(8.5)
ASU 2016-02, Recognition of Operating Leases
Assets
Other current assets		(0.9)
Assets of discontinued operations - current		(0.3)
Buildings and leasehold improvements		0
Accumulated depreciation		0
Other assets		57.2
Assets of discontinued operations - long-term		14.6
LIABILITIES
Accrued expenses		16.1
Current maturities of long-term debt		0
Liabilities of discontinued operations - current		4.1
Long-term debt		0
Other long-term liabilities		40.2
Liabilities of discontinued operations - long-term		10.2
Equity
Accumulated deficit		0
ASU 2016-02, Reclassification of Capital Lease to Operating Lease
Assets
Other current assets		0
Assets of discontinued operations - current		0
Buildings and leasehold improvements		(7.2)
Accumulated depreciation		0.7
Other assets		5.8
Assets of discontinued operations - long-term		0
LIABILITIES
Accrued expenses		0.9
Current maturities of long-term debt		(0.7)
Liabilities of discontinued operations - current		0
Long-term debt		(6.1)
Other long-term liabilities		5.3
Liabilities of discontinued operations - long-term		0
Equity
Accumulated deficit		(0.1)
ASU 2016-02, Impairment of Operating Lease ROU Asset
Assets
Other current assets		0
Assets of discontinued operations - current		0
Buildings and leasehold improvements		0
Accumulated depreciation		0
Other assets		(8.4)
Assets of discontinued operations - long-term		0
LIABILITIES
Accrued expenses		0
Current maturities of long-term debt		0
Liabilities of discontinued operations - current		0
Long-term debt		0
Other long-term liabilities		0
Liabilities of discontinued operations - long-term		0
Equity
Accumulated deficit		$ (8.4)

DISCONTINUED OPERATIONS (Detail

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring and other related charges			$ 1.1
Income from discontinued operations, net of tax	$ 50.7	$ 8.7	55.6	$ 12.3
Income from discontinued operations, net of tax and noncontrolling interests	$ 51.2	$ 8.7	$ 55.8	$ 12.6
Effectiveincome tax rate, from discontinued operations	50.00%	35.80%	45.40%	16.50%
Benefit resulting from disposition of held for sale assets	$ 2		$ 2
Adjustment to valuation allowance on deferred tax assets	5.1		5.1	$ 1.3
Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues	127.8	$ 124.7	245.5	246.1
Cost of products sold	86	87.8	172.6	171.9
Gross profit	41.8	36.9	72.9	74.2
Selling, general and administrative	24	20.5	45.4	41.5
Intangible amortization	1	1	1.9	2
Restructuring and other related charges	0	(0.8)	0	1
Operating income	16.8	16.2	25.6	29.7
Other expense, net	(0.6)	(0.5)	(1.4)	(3.3)
Interest expense, net	(3.3)	(3.3)	(6.4)	(6.6)
Income from discontinued operations before income taxes	12.9	12.4	17.8	19.8
Income tax benefit (provision)	37.8	(3.7)	37.8	(7.5)
Income from discontinued operations, net of tax	50.7	8.7	55.6	12.3
Less: Loss attributable to noncontrolling interests	(0.5)	0	(0.2)	(0.3)
Income from discontinued operations, net of tax and noncontrolling interests	$ 51.2	$ 8.7	$ 55.8	$ 12.6
Effectiveincome tax rate, from discontinued operations	(293.00%)	29.80%	(212.40%)	37.90%
Benefit resulting from disposition of held for sale assets	$ 40.6		$ 40.6
Adjustment to valuation allowance on deferred tax assets			1.1
Senior Notes, Senior Credit Facilities, Former Trade Receivables | Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest expense, net	$ (3.3)	$ (3.4)	$ (6.4)	$ (6.8)

DISCONTINUED OPERATIONS Schedul

DISCONTINUED OPERATIONS Schedule of Discontinued Operations Included in Consolidated Balance Sheets (Details) - USD ($) $ in Millions	Jun. 29, 2019	Jan. 01, 2019	Dec. 31, 2018	Jun. 30, 2018
Current assets:
Cash and equivalents	$ 16.8			$ 30.3
Total current assets	664	$ 244.1	$ 244.4
Total long-term assets	0	427	412.4
Current liabilities:
Total current liabilities	198.3	137.5	133.4
Total long-term liabilities	0	$ 70.8	60.6
Operating lease ROU assets	49.8
Current portion of operating lease liabilities	15.6
Long-term operating lease liabilities	41.3
Discontinued operations
Current assets:
Cash and equivalents	16.8		16.3
Accounts receivable, net	99.3		97.3
Contract assets	36.6		35.5
Inventories, net	80		84.3
Other current assets	9.3		11
Total current assets	242		244.4
Property, plant and equipment, net	81.6		84.2
Goodwill	194.8		193.9
Intangibles, net	91.5		93.1
Other assets	54.1		41.2
Total long-term assets	422		412.4
TOTAL ASSETS	664		656.8
Current liabilities:
Accounts payable	46.3		46.7
Contract liabilities	30		38.5
Accrued expenses(1)	48.7		46.3
Income taxes payable	1.7		1.5
Current maturities of long-term debt	0.5		0.4
Total current liabilities	127.2		133.4
Long-term debt	3.7		3.8
Deferred and other income taxes	13.3		12.1
Other long-term liabilities	54.1		44.7
Total long-term liabilities	71.1		60.6
TOTAL LIABILITIES	198.3		$ 194
Operating lease ROU assets	12.7
Current portion of operating lease liabilities	4
Long-term operating lease liabilities	$ 9

DISCONTINUED OPERATIONS Sched_2

DISCONTINUED OPERATIONS Schedule Discontinued Operations Included In Statement Of Cash Flows (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization	$ 19.4	$ 21.3
Capital expenditures	(12.5)	(8.3)
Discontinued operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Depreciation and amortization	7.8	8.5
Capital expenditures	$ (2.8)	$ (4.1)

INFORMATION ON REPORTABLE SEG_3

INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER - Narrative (Details)	6 Months Ended
	Jun. 29, 2019segmentcountry
Segment Reporting [Abstract]
Number of countries in which entity operates (more than)	30
Number of countries in which entity sells its products and services (more than)	140
Number of reportable segments | segment	2

INFORMATION ON REPORTABLE SEG_4

INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER - Financial Data for Reportable Segments (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Jun. 29, 2019	Mar. 30, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Revenues:
Total revenues	$ 385.4		$ 406.5	$ 758.8	$ 775.4
Income:
Total income for reportable segments	29.7		32.3	57.7	52
Restructuring and other related charges	1.9		1.9	6.9	2.7
Discontinued operations, transaction-related costs		$ 1.1
Transferred Over Time
Revenues:
Total revenues	84.1		110.4	182.5	192.2
Food and Beverage
Revenues:
Total revenues	178.6		187.6	351.1	354.1
Food and Beverage | Transferred Over Time
Revenues:
Total revenues	73.2		81.4	153	144
Industrial
Revenues:
Total revenues	206.8		218.9	407.7	421.3
Industrial | Transferred Over Time
Revenues:
Total revenues	10.9		29	29.5	48.2
Reporting segments
Revenues:
Total revenues	385.4		406.5	758.8	775.4
Income:
Total income for reportable segments	44.7		48.5	91.7	85.4
Reporting segments | Food and Beverage
Revenues:
Total revenues	178.6		187.6	351.1	354.1
Income:
Total income for reportable segments	14		20	32.5	37.9
Restructuring and other related charges	1.8		0.6	6.2	0.7
Reporting segments | Industrial
Revenues:
Total revenues	206.8		218.9	407.7	421.3
Income:
Total income for reportable segments	30.7		28.5	59.2	47.5
Restructuring and other related charges	0.1		1.3	0.7	2
Other
Income:
Corporate expense	12.9		14	26.7	30.1
Segment reconciling items
Income:
Pension and postretirement service costs	0.2		0.3	0.4	0.6
Restructuring and other related charges	1.9		1.9	6.9	2.7
Discontinued operations | Other
Income:
Corporate expense	$ 1.5		$ 2	$ 3.1	$ 3.7

INFORMATION ON REPORTABLE SEG_5

INFORMATION ON REPORTABLE SEGMENTS, CORPORATE EXPENSE AND OTHER - Disaggregated Information about Revenues (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Segment Reporting Information [Line Items]
Total revenues	$ 385.4	$ 406.5	$ 758.8	$ 775.4
Food and Beverage
Segment Reporting Information [Line Items]
Total revenues	178.6	187.6	351.1	354.1
Industrial
Segment Reporting Information [Line Items]
Total revenues	206.8	218.9	407.7	421.3
Original Equipment
Segment Reporting Information [Line Items]
Total revenues	256.4	273.1	506.4	514.9
Original Equipment | Food and Beverage
Segment Reporting Information [Line Items]
Total revenues	116.9	126.3	229.5	229.6
Original Equipment | Industrial
Segment Reporting Information [Line Items]
Total revenues	139.5	146.8	276.9	285.3
Aftermarket
Segment Reporting Information [Line Items]
Total revenues	129	133.4	252.4	260.5
Aftermarket | Food and Beverage
Segment Reporting Information [Line Items]
Total revenues	61.7	61.3	121.6	124.5
Aftermarket | Industrial
Segment Reporting Information [Line Items]
Total revenues	67.3	72.1	130.8	136
Original Equipment, Highly engineered systems | Food and Beverage
Segment Reporting Information [Line Items]
Total revenues	$ 62.4	$ 66.5	$ 125	$ 120.6

RESTRUCTURING AND OTHER RELAT_3

RESTRUCTURING AND OTHER RELATED CHARGES - Schedule (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	$ 1.9	$ 1.9	$ 6.9	$ 2.7
Reporting segments | Food and Beverage
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	1.8	0.6	6.2	0.7
Reporting segments | Industrial
Restructuring Cost and Reserve [Line Items]
Restructuring and other related charges	$ 0.1	$ 1.3	$ 0.7	$ 2

RESTRUCTURING AND OTHER RELAT_4

RESTRUCTURING AND OTHER RELATED CHARGES - Narrative (Details) $ in Millions	Jun. 29, 2019USD ($)
Restructuring and Related Activities [Abstract]
Expected charges to be incurred	$ 0.1

RESTRUCTURING AND OTHER RELAT_5

RESTRUCTURING AND OTHER RELATED CHARGES - Analysis of Restructuring Liabilities (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018
Restructuring Liabilities
Balance at beginning of year	$ 7.2	$ 10.7
Restructuring and other related charges	6.6	2.7
Utilization — cash	(3.3)	(8.5)
Currency translation adjustment and other	0	(0.2)
Balance at end of period	10.5	$ 4.7
Other
Restructuring Liabilities
Asset impairment and non-cash charges	$ 0.3

INVENTORIES, NET - Inventories

INVENTORIES, NET - Inventories (Details) - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Inventory, Net [Abstract]
Finished goods	$ 90.9	$ 79.1
Work in process	58.3	57.3
Raw materials and purchased parts	91.3	91.3
Total FIFO cost	240.5	227.7
Excess of FIFO cost over LIFO inventory value	(7.2)	(7.2)
Total inventories	$ 233.3	$ 220.5
Domestic inventories, valued using the last-in, first-out method, as a percentage of total inventory	11.00%

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Dec. 31, 2018
Changes in the carrying amount of goodwill
Beginning Balance	$ 550.4
Impairments	0
Foreign Currency Translation and Other	(0.8)
Ending Balance	549.6
Food and Beverage
Changes in the carrying amount of goodwill
Beginning Balance	261.5
Impairments	0
Foreign Currency Translation and Other	0.9
Ending Balance	262.4
Industrial
Changes in the carrying amount of goodwill
Beginning Balance	288.9
Impairments	0
Foreign Currency Translation and Other	(1.7)
Ending Balance	287.2
Accumulated impairment included in carrying amount of goodwill	$ 133.3	$ 133.6

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Identifiable Intangible Assets (Details) - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 201.7	$ 201.7
Accumulated Amortization	(151.9)	(146.1)
Net Carrying Value	49.8	55.6
Total gross carrying value	365.4	365.3
Total net carrying value	213.5	219.2
Trademarks with indefinite lives
Indefinite-lived Intangible Assets [Line Items]
Trademarks with indefinite lives	163.7	163.6
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	125.9	125.8
Accumulated Amortization	(94.3)	(90.2)
Net Carrying Value	31.6	35.6
Technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	62.1	62.1
Accumulated Amortization	(45.1)	(43.5)
Net Carrying Value	17	18.6
Patents
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	5.6	5.7
Accumulated Amortization	(4.4)	(4.3)
Net Carrying Value	1.2	1.4
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	8.1	8.1
Accumulated Amortization	(8.1)	(8.1)
Net Carrying Value	$ 0	$ 0

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Dec. 31, 2018
Goodwill [Line Items]
Net carrying value of intangible assets with determinable lives	$ 49,800,000		$ 55,600,000
Impairment charges recorded	0	$ 0
Trademarks with indefinite lives
Goodwill [Line Items]
Trademarks with indefinite lives	163,700,000		$ 163,600,000
Food and Beverage
Goodwill [Line Items]
Net carrying value of intangible assets with determinable lives	31,300,000
Food and Beverage | Trademarks with indefinite lives
Goodwill [Line Items]
Trademarks with indefinite lives	96,900,000
Industrial
Goodwill [Line Items]
Net carrying value of intangible assets with determinable lives	18,500,000
Industrial | Trademarks with indefinite lives
Goodwill [Line Items]
Trademarks with indefinite lives	$ 66,800,000

EMPLOYEE BENEFIT PLANS - Compo

EMPLOYEE BENEFIT PLANS - Components of Net Periodic Pension and Postretirement Benefit Expense (Income) (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019USD ($)employee	Jun. 30, 2018USD ($)	Jun. 29, 2019USD ($)employee	Jun. 30, 2018USD ($)
Employee Benefit Plans
Service cost	$ 0.2	$ 0.3	$ 0.4	$ 0.6
Interest cost	0.2	0.3	0.4	0.6
Recognized net actuarial loss	0.2	0.6	0.2	0.6
Total net periodic benefit expense	$ 0.6	1.2	$ 1	1.8
Active participants | employee	50		50
Pension plan
Employee Benefit Plans
Domestic pension payments (less than)			$ 0.1	0.1
Foreign Plan | Pension plan
Employee Benefit Plans
Service cost	$ 0.2	0	0.4	0.1
Interest cost	0.1	0.1	0.2	0.3
Recognized net actuarial loss	0	0.6	0	0.6
Total net periodic benefit expense	0.3	0.7	0.6	1
United States
Employee Benefit Plans
Service cost	0	0.3	0	0.5
Interest cost	0.1	0.2	0.2	0.3
Recognized net actuarial loss	0.2	0	0.2	0
Total net periodic benefit expense	$ 0.3	$ 0.5	$ 0.4	$ 0.8

INDEBTEDNESS - Schedule of Deb

INDEBTEDNESS - Schedule of Debt (Details) - USD ($) $ in Millions	1 Months Ended
	Jun. 30, 2019	Jun. 29, 2019	Dec. 31, 2018
Short-term Debt [Line Items]
Other indebtedness		$ 24.1	$ 33.1
Less: short-term debt		23.5	26
Debt Instrument [Line Items]
Less: deferred financing fees		(7.5)	(8)
Long-term debt and capital lease obligations		731.6	765.1
Less: current maturities of long-term debt		0.1	20.8
Total long-term debt		708	718.3
Finance lease obligation		0.6
Capital lease obligation			7.2
Interest expense, net	$ 1
Purchase card program
Short-term Debt [Line Items]
Other indebtedness		22.6	23
Term loan
Debt Instrument [Line Items]
Domestic revolving loan facility		100	140
Senior notes | 5.625% senior notes, due in August 2024
Debt Instrument [Line Items]
Domestic revolving loan facility		$ 300	300
Stated interest rate		5.625%
Senior notes | 5.875% senior notes, due in August 2026
Debt Instrument [Line Items]
Domestic revolving loan facility		$ 300	$ 300
Stated interest rate		5.875%

INDEBTEDNESS - Narrative (Deta

INDEBTEDNESS - Narrative (Details) $ in Millions	Jun. 27, 2019USD ($)	Jun. 29, 2019USD ($)	Jun. 29, 2019USD ($)	Dec. 31, 2018USD ($)
Line of Credit Facility [Line Items]
Amended and restated credit agreement, leverage ratio (minimum)		3.75	3.75
Percent of capital stock of first tier foreign subsidiaries		65.00%	65.00%
Interest coverage ratio		3	3
Leverage ratio, quarterly requirement		4	4
Leverage ratio, maximum		2.50	2.50
Leverage ratio, minimum		2.50	2.50
Capital stock repurchase maximum amount		$ 100	$ 100
Capital stock repurchase additional amount		$ 300	$ 300
Capital stock repurchase percentage of consolidated net income		50.00%	50.00%
Capital stock repurchase percentage of consolidated net deficit		100.00%	100.00%
Outstanding letters of credit		$ 16.5	$ 16.5
Write off of deferred debt issuance cost		0.1	0
Domestic Line of Credit
Line of Credit Facility [Line Items]
Domestic revolving loan facility		15	15	$ 0
Foreign line of credit
Line of Credit Facility [Line Items]
Outstanding letters of credit		8.8	8.8
Secured debt | Foreign line of credit
Line of Credit Facility [Line Items]
Available borrowing capacity		59.5	59.5
Outstanding letters of credit		90.5	90.5
Secured debt | Letter of credit
Line of Credit Facility [Line Items]
Fronting fee	0.125%
Outstanding letters of credit		$ 5.8	$ 5.8
Senior credit facility | Secured debt
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 750
Initial principal amount	100
Additional borrowing capacity	275
Ratio of indebtedness		2.75	2.75
Weighted average interest rate of outstanding borrowings		4.00%	4.00%	4.30%
Available borrowing capacity		$ 479.2	$ 479.2
Senior credit facility | Secured debt | Domestic Line of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	200
Senior credit facility | Secured debt | Global Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	300
Senior credit facility | Secured debt | Foreign line of credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 150
Federal funds effective rate | Senior credit facility | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate			0.50%
One-month LIBOR | Senior credit facility | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate			1.00%

INDEBTEDNESS - Schedule of Per

INDEBTEDNESS - Schedule of Per Annum Fees Charged and Interest Rate Margins (Details)	6 Months Ended
	Jun. 29, 2019
Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	1.20%
Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	1.05%
Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	0.90%
Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	0.75%
LIBOR | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.00%
LIBOR | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.75%
LIBOR | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.50%
LIBOR | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
Base rate | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.00%
Base rate | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.75%
Base rate | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.50%
Base rate | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.25%
Domestic Line of Credit | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.30%
Domestic Line of Credit | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.275%
Domestic Line of Credit | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.25%
Domestic Line of Credit | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.225%
Global Revolving Credit Facility | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.30%
Global Revolving Credit Facility | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.275%
Global Revolving Credit Facility | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.25%
Global Revolving Credit Facility | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.225%
Letter of credit | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	2.00%
Letter of credit | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	1.75%
Letter of credit | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	1.50%
Letter of credit | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Instrument fee	1.25%
Foreign line of credit | Greater than or equal to 3.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.30%
Foreign line of credit | Between 3.50 to 1.0 and 2.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.275%
Foreign line of credit | Between 2.50 to 1.0 and 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.25%
Foreign line of credit | Less than 1.50 to 1.0 | Secured debt
Line of Credit Facility [Line Items]
Commitment fee	0.225%
Minimum | Greater than or equal to 3.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	3,500,000
Minimum | Between 3.50 to 1.0 and 2.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	2,500,000
Minimum | Between 2.50 to 1.0 and 1.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	1,500,000
Maximum | Between 3.50 to 1.0 and 2.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	3,500,000
Maximum | Between 2.50 to 1.0 and 1.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	2,500,000
Maximum | Less than 1.50 to 1.0
Line of Credit Facility [Line Items]
Maintained consolidated leverage ratio	1,500,000

DERIVATIVE FINANCIAL INSTRUME_2

DERIVATIVE FINANCIAL INSTRUMENTS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018	Dec. 31, 2018
FX forward contracts
Derivative [Line Items]
Aggregate notional amount	$ 61.9		$ 61.9		$ 65.3
Period contracts are scheduled to mature			1 year		1 year
Unrealized gains (losses), net of tax, recorded in AOCI	(0.1)		$ (0.1)		$ (0.3)
FX embedded derivatives
Derivative [Line Items]
Aggregate notional amount	2.9		2.9		3.1
Forward contracts
Derivative [Line Items]
Fair value of derivative contract, gross assets	0.3		0.3		0.7
Fair value of derivative contract, gross liabilities	0.1		0.1		$ 0.2
Forward contracts | Other income (expense), net
Derivative [Line Items]
Net gains (losses) recorded in other income (expense), net	$ 0.2	$ 0.7	$ (0.2)	$ (0.8)
Minimum | FX embedded derivatives
Derivative [Line Items]
Period contracts are scheduled to mature			1 year

EQUITY AND STOCK-BASED COMPEN_3

EQUITY AND STOCK-BASED COMPENSATION - Income Per Share (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted-average shares outstanding, basic (in shares)	42,368	42,146	42,410	42,072
Dilutive effect of share-based awards (in shares)	249	470	187	487
Weighted-average shares outstanding, dilutive (in shares)	42,617	42,616	42,597	42,559
Restricted stock shares/Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities not included in computation of diluted income per share due to market threshhold requirement (in shares)	151		156
Securities not included in computation of diluted income per share due to internal performance threshholds (in shares)	119	248	129	227
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Securities not included in computation of diluted income per share (in shares)	342	0	0	0

EQUITY AND STOCK-BASED COMPEN_4

EQUITY AND STOCK-BASED COMPENSATION - Stock-Based Compensation (Details) shares in Thousands	6 Months Ended
	Jun. 29, 2019shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award's requisite service period	3 years
Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares available for future grants (up to) (in shares)	2,659
Restricted stock shares and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Restricted stock shares and restricted stock units | Early retirement provision
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
Eligible for vesting, age	60 years
Restricted stock shares and restricted stock units | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares equivalent to minimum vesting	50.00%
Restricted stock shares and restricted stock units | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of shares equivalent to minimum vesting	150.00%
Restricted stock shares and restricted stock units | Non-employee directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted stock shares and restricted stock units | Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Restricted stock units | Non-officer employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

EQUITY AND STOCK-BASED COMPEN_5

EQUITY AND STOCK-BASED COMPENSATION - Compensation Expense Related to Share-based Programs (Details) - Selling, general and administrative expenses - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense - continuing and discontinued operations	$ 3.6	$ 4	$ 6.8	$ 9.1
Income tax benefit	(0.7)	(0.9)	(1.4)	(2)
Stock-based compensation expense, net of income tax benefit	2.6	2.6	4.8	6.3
Discontinued operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense - continuing and discontinued operations	0.3	0.5	0.6	0.8
Continuing operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense - continuing and discontinued operations	$ 3.3	$ 3.5	$ 6.2	$ 8.3

EQUITY AND STOCK-BASED COMPEN_6

EQUITY AND STOCK-BASED COMPENSATION - Restricted Stock Unit Awards (Details) - Restricted stock shares and restricted stock units $ / shares in Units, shares in Thousands, $ in Millions	6 Months Ended
	Jun. 29, 2019USD ($)$ / sharesshares
Unvested Restricted Stock Shares and Restricted Stock Units
Outstanding at beginning of year (in shares) | shares	1,176
Granted (in shares) | shares	545
Vested (in shares) | shares	(453)
Forfeited and other (in shares) | shares	(242)
Outstanding at the end of period (in shares) | shares	1,026
Weighted-Average Grant-Date Fair Value Per Share
Outstanding at beginning of year (in dollars per share) | $ / shares	$ 36.40
Granted (in dollars per share) | $ / shares	34.51
Vested (in dollars per share) | $ / shares	32.92
Forfeited and other (in dollars per share) | $ / shares	30.97
Outstanding at the end of period (in dollars per share) | $ / shares	$ 38.21
Unrecognized compensation cost | $	$ 26
Weighted-average period cost expected to be recognized	2 years 1 month 6 days
Awards to employees
Weighted-Average Grant-Date Fair Value Per Share
Unrecognized compensation cost | $	$ 23.4
Weighted-average period cost expected to be recognized	2 years 1 month 6 days

EQUITY AND STOCK-BASED COMPEN_7

EQUITY AND STOCK-BASED COMPENSATION - Stock Options (Details) - Stock options - SPX FLOW stock options - USD ($) $ / shares in Units, shares in Thousands	6 Months Ended
	Jun. 29, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options outstanding (in shares)	342	342
Stock options exercisable (in shares)	342
Weighted-average exercise price per share (in dollars per share)	$ 61.29
Weighted-average grant-date fair value (in dollars per share)	$ 19.33
Unrecognized compensation cost	$ 0

EQUITY AND STOCK-BASED COMPEN_8

EQUITY AND STOCK-BASED COMPENSATION - Accumulated Other Comprehensive Loss and Common Stock in Treasury (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 29, 2019	Jun. 30, 2018	Dec. 31, 2018
Common Stock in Treasury
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock surrendered as a means of funding income tax withholding requirements	$ 5.2	$ 4.4
FX forward contracts
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains (losses), net of tax, recorded in AOCI	$ (0.1)		$ (0.3)

LITIGATION, CONTINGENT LIABIL_2

LITIGATION, CONTINGENT LIABILITIES AND OTHER MATTERS - Narrative (Details) - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Exercise value of put option outstanding	$ 21	$ 21.5
Value options exercisable	$ 11.7

INCOME TAXES - Narrative (Deta

INCOME TAXES - Narrative (Details) - USD ($)	3 Months Ended			6 Months Ended
	Jun. 29, 2019	Dec. 31, 2018	Jun. 30, 2018	Jun. 29, 2019	Jun. 30, 2018
Valuation Allowance [Line Items]
Unrecognized tax benefits	$ 5,100,000			$ 5,100,000
Unrecognized tax benefits, net	2,700,000			2,700,000
Unrecognized tax benefits that would impact effective tax rate	2,500,000			2,500,000
Unrecognized tax benefits, interest on income taxes accrued	400,000			400,000
Unrecognized tax benefits, interest on income taxes accrued, net	300,000			300,000
Unrecognized tax benefits, accrual for penalties	0			0
Income tax provision (benefit)	11,500,000		$ 8,200,000	22,200,000	$ 5,200,000
Pre-tax income (loss)	$ 23,000,000		$ 22,900,000	$ 48,900,000	$ 31,600,000
Effective income tax rate	50.00%		35.80%	45.40%	16.50%
Losses occurring in certain jurisdictions	$ 4,900,000			$ 7,000,000
Impact of charge resulting from losses not expected to be realized	5,100,000			5,100,000	$ 1,300,000
Benefit resulting from disposition of held for sale assets	2,000,000			2,000,000
Benefit resulting from finalization of transfer pricing analysis			$ 2,300,000		2,300,000
Change in transition tax calculation			800,000		2,600,000
Income tax benefit, change to transition tax on accumulated foreign earnings, tax cuts and jobs act of 2017		$ (8,600,000)	$ 800,000		8,600,000
Increase to liability for earnings not considered indefinitely reinvested, Amount					$ 1,100,000
Minimum
Valuation Allowance [Line Items]
Reasonably possible decrease in unrecognized tax benefits	1,500,000			1,500,000
Maximum
Valuation Allowance [Line Items]
Reasonably possible decrease in unrecognized tax benefits	2,500,000			2,500,000
German subsidiaries
Valuation Allowance [Line Items]
Adjustments related to foreign subsidiaries	1,700,000			1,700,000
Chinese subsidiaries
Valuation Allowance [Line Items]
Adjustments related to foreign subsidiaries	$ 1,000,000			$ 1,000,000

FAIR VALUE - Derivative Financ

FAIR VALUE - Derivative Financial Instruments (Details) - Forward contracts - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Derivative [Line Items]
Fair value of derivative contract, gross assets	$ 0.3	$ 0.7
Fair value of derivative contract, gross liabilities	$ 0.1	$ 0.2

FAIR VALUE - Equity Security I

FAIR VALUE - Equity Security Investment (Details) $ in Millions	6 Months Ended
	Jun. 29, 2019USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of year	$ 16.6
Unrealized losses recorded to earnings	7.8
Proceeds received from sale of investment	(2.6)
Balance at end of period	$ 21.8

FAIR VALUE - Indebtedness and

FAIR VALUE - Indebtedness and Other (Details) - USD ($) $ in Millions	Jun. 29, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other indebtedness	$ 23.5	$ 26
Domestic Line of Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Domestic revolving loan facility	15	0
Senior notes | 5.625% senior notes, due in August 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Domestic revolving loan facility	$ 300	300
Stated interest rate	5.625%
Senior notes | 5.875% senior notes, due in August 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Domestic revolving loan facility	$ 300	300
Stated interest rate	5.875%
Fair value, measurements, nonrecurring | Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Term loans	$ 100	140
Former term loan	100	140
Other indebtedness	23.5	25.9
Fair value, measurements, nonrecurring | Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Term loans	100	140
Former term loan	100	140
Other indebtedness	23.5	25.9
Fair value, measurements, nonrecurring | Level 1 | Carrying Amount | Domestic Line of Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Domestic revolving loan facility	15	0
Fair value, measurements, nonrecurring | Level 1 | Fair Value | Domestic Line of Credit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Domestic revolving loan facility	15	0
Fair value, measurements, nonrecurring | Level 2 | Carrying Amount | Senior notes | 5.625% senior notes, due in August 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	300	300
Fair value, measurements, nonrecurring | Level 2 | Carrying Amount | Senior notes | 5.875% senior notes, due in August 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	300	300
Fair value, measurements, nonrecurring | Level 2 | Fair Value | Senior notes | 5.625% senior notes, due in August 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	312	283.5
Fair value, measurements, nonrecurring | Level 2 | Fair Value | Senior notes | 5.875% senior notes, due in August 2026
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior notes	$ 315	$ 279.4

Uncategorized Items - q2201910-

Label	Element	Value
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (8,500,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(1,500,000)
Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(8,500,000)
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(1,500,000)
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	5,800,000
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	(8,500,000)
AOCI Attributable to Parent [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ (7,300,000)